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January 5, 2022 02:42 pm

UK Police Forces Have Seized More Than $400 Million in Bitcoin

MattSparkes writes: UK police forces have seized more than 300 million pound ($405 million) worth Bitcoin and other cryptocurrencies, reveals a New Scientist story based on Freedom of Information requests. The individual police forces seized the funds in various investigations and sold them: they're required to give half to the central government via the Home Office -- but they can keep the other half to plough back into investigations.

Read more of this story at Slashdot.


Original Link: https://news.slashdot.org/story/22/01/05/1431205/uk-police-forces-have-seized-more-than-400-million-in-bitcoin?utm_source=rss1.0mainlinkanon&utm_mediu

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