Back in 2016 the City of London Police arrested Christopher Hamilton.

Hamilton had been reported up for suspicious transactions by his bank. An investigation revealed the transactions were tied to OneCoin.

Along with Hamilton’s arrest, the CoLP also seized £30 million in checks, purportedly sent to Hamilton by convicted OneCoin money launderer Gilbert Armenta.

At the time of the bust, CoLP declared it to be the “biggest ever seizure’ by a UK law enforcement agency”.

A year later CoLP handed back the £30 million and deleted their press-release.

After arresting Hamilton the CoLP learned he was already under investigation by the FBI. The FBI promptly put in an extradition request.

As part of Hamilton’s extradition proceedings, and testament to the fundamentally broken regulation of MLM related securities fraud in the UK, the CoLP were ordered to return the laundered £30 million to Hamilton.

As
reported by the Times
on January 23rd;

According to the extradition judgement at Westminster Magistrates’ Court in August (2017), the force agreed to return the funds because it had seized the cash unlawfully.

Apparently UK law is so busted that seizing funds from Ponzi money launderers is illegal.

After piddling about for another two years, the CoLP finally announced it was
dropping its OneCoin investigation
in 2019.

The FCA idly stood by and did nothing, even as mounting evidence showed the UK was an integral part of OneCoin’s money laundering network.

In 2020 the FCA
signed off on a known OneCoin money launderer acting as “Money Laundering Reporting Officer”
for another firm.

It remains unclear whether US authorities were able to recover the £30 million the CoLP returned to OneCoin in 2017.

Christopher Hamilton
lost his fight against US extradition
last August. Pending an appeal, Hamilton’s extradition still needs to be signed off on by the UK government.

As opposed to being released in the UK, due to authorities haven given up investigating OneCoin, Hamilton
faces up to 40 years in prison
if convicted in the US.

🤖 Quick Answer

Who is Christopher Hamilton and what was his connection to OneCoin?
Christopher Hamilton was arrested by City of London Police in 2016 after his bank reported suspicious transactions. Investigation revealed these transactions were linked to OneCoin, the cryptocurrency fraud scheme. He was subsequently extradited to face charges related to money laundering activities connected to the fraudulent digital currency operation.

Why did UK authorities return £30 million to a OneCoin money launderer?
UK authorities seized £30 million in checks sent to Hamilton by convicted OneCoin money launderer Gilbert Armenta. However, the funds were returned one year later during Hamilton's extradition proceedings to the United States, where the FBI had initiated its own investigation into his involvement with the OneCoin scheme.

What was the outcome of the City of London Police seizure?
The City of London Police initially declared the £30 million seizure "the biggest

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