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Law enforcement authorities in the city of London are joining forces with an international law firm to help fraud victims recover their stolen assets. In a statement, the City of London Police says it is teaming up with law firm Gowling WLG for a civil asset recovery program that will be made available to select fraud cases where prosecution is not possible or viable. The partnership is being announced following a successful pilot project that helped an elderly victim suffering from Alzheimer’s disease who was swindled by a cryptocurrency scam scheme and lost more than £2 million ($2.58 million). According to the police force, the UK lost more than £570 million ($735.58 million) to fraud in the first half of 2024 alone. Says Gowling WLG director Bríd Holden, “We are hoping that working in collaboration with City of London Police will change the landscape and encourage more victims to report fraud, raising awareness generally.” The law enforcement agency says that in addition to giving fraud victims the opportunity to take back their losses, the program also enables civil asset recovery agents to pursue and seize the assets of organized crime groups (OCGs). Says City of London Police Detective Chief Inspector Craig Mullish, “[A] judicial outcome in the form of a custodial sentence and or conviction is the ideal outcome, however it’s the lost money or assets that can have a lasting effect on victims. This trial with Gowling WLG is a positive initiative, which we hope will provide a clear process for victims in helping them take back what is owed to them. ” Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post London Police Team Up With International Law Firm After Elderly Victim Defrauded for $2,580,000 appeared first on The Daily Hodl .
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Stellar XLM Faces Resistance Challenges, Traders Eye Key Levels for Possible Market Moves
Stellar Lumens (XLM) faces increased selling pressure as the cryptocurrency market reacts to bearish trends and recent market volatility. In the wake of Bitcoin’s drop to $74.5K, Stellar’s value has The Daily Hodl
10,000% ROI Potential? MAGACOINFINANCE Joins XRP and Bitcoin (BTC) in Analysts’ Forecasts
In the ever-evolving cryptocurrency market, investors are constantly on the lookout for assets with substantial growth potential. MAGACOINFINANCE has recently emerged as a noteworthy contender, with analysts forecasting returns that could rival established cryptocurrencies such as XRP and Bitcoin (BTC). Bitcoin (BTC), XRP, and ADA Hold Strong—but MAGACOINFINANCE Is Gaining Momentum Bitcoin (BTC) continues to dominate the crypto landscape, attracting significant institutional interest. XRP, currently trading at $1.77, has experienced a decline of approximately 15.71% recently. Meanwhile, Cardano (ADA) is priced at $0.5485, reflecting a 14.30% decrease over the same period. Despite their established positions, these cryptocurrencies may not offer the same early-stage growth potential as MAGACOINFINANCE, which is capturing attention with its promising outlook. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW PRE-SALE SELLING FAST – CLICK HERE TO LOCK IN YOUR ENTRY PRICE MAGACOINFINANCE – SECURE YOUR SPOT BEFORE IT’S GONE Unprecedented Growth Potential MAGACOINFINANCE has already raised over $5 million, positioning it as one of the most undervalued pre-sale projects this year. With a total supply of 100 billion tokens, scarcity is becoming a factor as demand increases. Current pre-sale price: $0.0002704 Listing target: $0.007 This pricing structure implies a 2,488% ROI, or 25.88x return. By applying the MAGA50X bonus code, the entry price drops to $0.0001803, enhancing the potential ROI to 3,782%, or 37.82x. Analysts suggest that the token”s value could reach $0.03, offering returns approaching 10,000% for early investors. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X ADA, XRP, BCH, and SUI: Established Projects, But MAGACOINFINANCE Offers Unique Entry Potential Cardano (ADA): Trading at $0.5485, ADA boasts a strong technological foundation but faces recent market pressures. XRP: Priced at $1.77, XRP is navigating regulatory challenges that impact its market performance. Bitcoin Cash (BCH): Currently at $259.83, BCH offers fast transactions but operates in a competitive landscape. Sui (SUI): With a price of $1.82, SUI is an emerging player striving to establish its market presence. CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: 10,000% ROI Potential? MAGACOINFINANCE Joins XRP and Bitcoin (BTC) in Analysts’ Forecasts The Daily Hodl
