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UK Police Nets $665k From Seized Crypto Surge – #CryptoUpdatesGNIT

Summary by GlobalNewsIt
Lancashire Police have gained approximately $665,000 (£500,000) after Bitcoin, seized in a major fraud case, surged in value well beyond the stolen sum. Officers confiscated the Bitcoin from criminals who had converted stolen funds. Due to significant price increases, the financial outcome exceeded the original loss when the police recovered the assets. Bitcoin’s Value Surge Creates Unexpected Windfall The investigation began in December 2017, w…
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2 Articles

GlobalNewsItGlobalNewsIt

UK Police Nets $665k from Seized Crypto Surge – #CryptoUpdatesGNIT

Lancashire Police have gained approximately $665,000 (£500,000) after Bitcoin, seized in a major fraud case, surged in value well beyond the stolen sum. Officers confiscated the Bitcoin from criminals who had converted stolen funds. Due to significant price increases, the financial outcome exceeded the original loss when the police recovered the assets. Bitcoin’s Value Surge Creates Unexpected Windfall The investigation began in December 2017, w…

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bitdegree.orgbitdegree.org

Seized Bitcoin Nets UK Police $665K From 2017 Theft Case

Lancashire police are set to receive around $665,000 after selling Bitcoin that was taken during a theft case from several years ago, according to an August 4 report.

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bitdegree.org broke the news in on Tuesday, August 5, 2025.
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