Man Handing over Bitcoin Wallet Wrapped in Plastic Bag

Canadian authorities have reportedly seized 288 BTC from a suspected drug dealer. Matthew Phan, a university dropout, is lobbying for access to at least half of his bitcoin holdings, claiming that not all of the seized bitcoin was used in illegal activities. This is the first instance where authorities have taken over a suspect’s cryptocurrency

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Source and More information: Canadian Authorities Seize Alleged Drug Dealer’s Bitcoin Holdings

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