PANews reported on March 31 that according to Cryptoslate, a MailOnline investigation revealed that British authorities have frozen approximately $7.7 million (£6 million) worth of illegal crypto assets since April 2024. The UK revised relevant rules last year, granting the National Crime Agency (NCA) and police special powers to freeze, seize, and destroy cryptocurrencies associated with crime and criminals. These powers allow police to freeze crypto wallets for up to three years. If the court is convinced that the funds originate from illegal sources or will be used for criminal purposes, officials can also seize these assets. This special power also enables law enforcement to seize any crypto wallets suspected of being linked to criminal organizations without making an arrest. Authorities have been granted the power to destroy seized crypto assets if they believe reintroducing them into circulation would be "contrary to public interest". This may include privacy coins often used by criminals to obscure fund sources.

According to court documents analyzed by MailOnline, the largest freeze order was issued for a wallet hosted on Coinbase. The wallet contained tokens worth $1.94 million (£1.5 million). The freeze order was issued by the Newcastle upon Tyne Magistrates' Court on March 18. The court order was applied for by HM Revenue and Customs (HMRC), indicating the case may be related to tax evasion. The identity of the wallet owner remains unknown.