The U.K. has just witnessed the world’s largest digital asset confiscation, after police seized £5.5 billion in Bitcoin from a London residence.
Meanwhile, investor attention is shifting toward Mutuum Finance (MUTM), a new cryptocurrency project in presale that promises notable returns.
The dual headlines highlight both the risks surrounding illicit crypto use and the opportunities driving legitimate projects like Mutuum Finance, which has already drawn thousands of participants into its ongoing presale.
U.K. Bitcoin Seizure Marks Global Record
An historic scam-bust by police has resulted in the seizure of 61,000 bitcoin worth £5.5 billion as part of an investment scheme. Zhimin Qian (a.k.a. Yadi Zhang) is a Chinese national who pleaded guilty at Southwark Crown Court to acquiring criminal property in relation to a huge crypto scam which defrauded more than 128,000 victims between 2014 and 2017.
Investigators confirmed that Zhang tricked victims—primarily aged between 50 and 75—into investing funds with false promises of daily dividends. Proceeds were later converted into Bitcoin, forming one of the largest cases of crypto-linked financial fraud globally. After fleeing China with fake documents, Zhang attempted to launder funds by purchasing property in London in 2018.
In April 2024, Zhang was arrested by authorities and her assistant, Jian Wen, is already in jail in connection with her. Wen was sentenced to six years and eight months in prison for his role in helping to move a crypto wallet holding 150 Bitcoin, which was worth a price of GBP1.7m at the time.
She has also been ordered to pay back more than 3.1 million. This bust hence has been identified to be the largest cryptocurrency seizure in the world, emphasizing the magnitude of criminal development around digital assets.
Mutuum Finance Presale Gains Momentum
Amid news of fraud and crackdowns, Mutuum Finance (MUTM) is drawing genuine interest from investors. The project has now raised $16,700,000, onboarding 16,700 holders since presale began. Phase 6 of the presale is underway and already 55% filled. The current token price is $0.035, a 250% rise from the opening phase price of $0.01.
Phase 6 is running fast and as soon as it closes, this move will see Phase 7 putting the price of the tokens closer to $0.04, an increase of 14.3%. The token is slated for launch at $0.06 – which means a 371% return for Phase 6 buyers. This step-wise price model shows how early participation is being rewarded as every new phase comes with higher entry costs.
Inside the Ecosystem of Mutuum Finance
Mutuum Finance is building a lending and borrowing platform, enabling people to earn on idle assets, or borrow against holdings without having to give away custody. Its design incorporates two layers: a Peer-to-Contract pool that gives you immediate liquidity and a Peer-to-Peer market that gives you customized loan terms. This dual setup appeals to both passive lenders and sophisticated participants who wish to have customized deals.
Beyond lending mechanics, Mutuum has placed strong emphasis on security. The team has successfully finalized a CertiK audit, securing a robust token score of 90/100. Furthermore, a Bug Bounty Program has been launched in partnership with CertiK, allocating $50,000 USDT in rewards across four categories, from critical to low severity vulnerabilities.
Community incentives extend further. Mutuum recently announced a $100,000 giveaway in MUTM tokens, split among 10 winners who each receive $10,000. Eligibility requires a minimum presale investment of $50, plus completion of simple participation steps. Additionally, a dashboard leaderboard has been introduced, showcasing the top 50 holders, who will be rewarded with bonus tokens for maintaining their positions.
Consequently, the presale has become one of the top crypto stories this season. Investors are seeing Mutuum as a fresh entry into the market, offering early adopters a chance to lock in tokens before the official exchange debut.
Closing Outlook On The Market
The record-breaking £5.5 billion Bitcoin seizure in the U.K. reinforces the risks surrounding illicit activity in crypto markets. At the same time, investor enthusiasm is shifting toward credible projects like Mutuum Finance (MUTM), which is combining innovation, transparency, and growth potential.
As Phase 6 continues to sell out rapidly, the chance to secure MUTM at $0.035 is narrowing. Those aiming for high-yield opportunities are closely monitoring its presale progress, making it one of the most talked-about entries in crypto news today.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: <https://linktr.ee/mutuumfinance](https://linktr.ee/mutuumfinance)
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This story was published as a press release by Btcwire under HackerNoon’s Business Blogging Program. Do Your Own Research before making any financial decision.
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