Published on July 21st, 2018 | by bitcoin0
Bobbies seize £1.25 million in Bitcoin
But the British county police force has proven that it is ready for the mass crypto adoption: the Surrey police confiscated 295 Bitcoins from a criminal.
They got £1.25 million from this sell as the price of Bitcoin at that time was about $5,000.
The Surrey police not only became the first in the country to seize Bitcoins discovered during an investigation – they also made use of this money.
The tenuous legal situation of Bitcoin can cause problems for the authorities like the police.
The precedent created by the Surrey police proves that Bitcoin is not out of the reach of law enforcement.