Lancashire Police Turn Crypto Confiscation into £500K Anti-Crime Budget After Landmark Wallet Freeze

Lancashire Police have applied their first crypto-wallet freezing power, turning Bitcoin tied to a 2017 fraud into nearly £1 million. After full restitution to the victim, a judge has allotted £500k to the Prevention and Problem-Solving Innovation Fund for community projects and policing tools.

The post Lancashire Police Turn Crypto Confiscation into £500K Anti-Crime Budget After Landmark Wallet Freeze appeared first on Cryptonews.