UK moves to confiscate Craig Costello’s cash and cryptocurrency holdings

United Kingdom prosecutors have moved to seize all assets belonging to Craig Costello, including his houses, cash, and digital assets. Costello is the final member of four Teesside pals who were convicted of running a global drugs ring. Prosecutors mentioned that his bank account and crypto stash grew with dirty cash. Prosecutors mentioned that he funneled money into several investments in the UK, noting his affinity for digital assets. Initially, the prosecutors had filed a proceeds of crime application over his five-bedroom home, which led to them selling it. In addition, his quad bikes and a number of luxury vehicles have also been confiscated and liquidated under the ruling. United Kingdom prosecutors want to seize Costello’s assets The prosecutors mentioned in court that Costello worked alongside his business partners John Watson, Steven Beazley, and Dave Wright, managing the Teesside arm of a global drugs ring between 2015 and 2016. The...

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