Lancashire police seize $665,000 in bitcoin gains
2025-08-05 11:32:55
Police in Lancashire seized bitcoin converted by criminals in 2017. As the price of bitcoin soared, it was liquidated and received a surplus of $1.30 million. According to British law, the victim can only receive the original amount of compensation, and the police will transfer 665,000 dollars (500,000 pounds) of it to the crime fighting fund for the purchase of drones, anti-fraud equipment, etc. The remaining part is turned over to the government. Police said that while this move will achieve full compensation for the victims, the additional funds will be used to prevent crime. The criminals involved have been sentenced.
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