Briton arrested for receiving COVID-19 fraud and cryptocurrency

According to a London Police Service report on August 14, The Block reported that a 35-year-old woman was arrested for illegally receiving £ 115,000 in cryptocurrency. The police investigation began because an anonymous woman appeared to be checking large amounts of "fraudulent" "bitcoin" receipts, according to the report. He is known to have applied for several loans to fight the coronavirus, a program put in place by the UK government to help small businesses during the COVID-19 outbreak. Police said the woman used several illegal banks to obtain the proceeds of the scam.