{"id":49274,"date":"2022-04-13T02:00:18","date_gmt":"2022-04-13T06:00:18","guid":{"rendered":"https:\/\/euvolution.com\/open-source-convergence\/uncategorized\/what-happens-when-cops-seize-crypto-and-bitcoin-bloomberg.php"},"modified":"2022-04-13T02:00:18","modified_gmt":"2022-04-13T06:00:18","slug":"what-happens-when-cops-seize-crypto-and-bitcoin-bloomberg","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/bitcoin\/what-happens-when-cops-seize-crypto-and-bitcoin-bloomberg.php","title":{"rendered":"What Happens When Cops Seize Crypto and Bitcoin? – Bloomberg"},"content":{"rendered":"

One spring day in a village just west of London, residents saw a man being muscled into a car in front of a nearby house. He reappeared with cuts and bruises 13 hours later, but the cops had already discovered the house was a cannabis-growing operation. A separate search of the mans home in a nearby town turned up something more intriguingsome of the first cryptocurrency that would ever be seized by U.K. police.<\/p>\n

That era-defining 2017 case yielded a safety-deposit box containing jewelry, gold bars, 263,000 ($345,000) in cash, and an item that flummoxed the lead investigator, Matthew Durkin, a 19-year veteran of the Surrey police. It was a USB device found in the suspects study. The gadget was wrapped in a small notebook, which contained two strings of 12 random words. A young probationary officer recognized the device, a KeepKey, as a virtual currency holder and the words as seed phrases to access crypto wallets. Eventually, police discovered it held 295 Bitcoin.<\/p>\n

<\/p>\n

Read more here:
\nWhat Happens When Cops Seize Crypto and Bitcoin? - Bloomberg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One spring day in a village just west of London, residents saw a man being muscled into a car in front of a nearby house. He reappeared with cuts and bruises 13 hours later, but the cops had already discovered the house was a cannabis-growing operation. A separate search of the mans home in a nearby town turned up something more intriguingsome of the first cryptocurrency that would ever be seized by U.K. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24697],"tags":[],"class_list":["post-49274","post","type-post","status-publish","format-standard","hentry","category-bitcoin"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/49274"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=49274"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/49274\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=49274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=49274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=49274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}