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$29 Million in Bitcoin Seized From Dutch Dark Web Money Launderers

Amy Liu

Summary: The Rotterdam District Court in the Netherlands has seized 2,532 bitcoins (29 million US dollars) from a couple convicted of money laundering on dark web platforms. According to a court statement, the man and his wife from the city of Hilversum, located in North Holland, were also sentenced to two years and two and a ...

The Rotterdam District Court in the Netherlands has seized 2,532 bitcoins (29 million US dollars) from a couple convicted of money laundering on dark web platforms.

According to a court statement, the man and his wife from the city of Hilversum, located in North Holland, were also sentenced to two years and two and a half years in prison, respectively, for money laundering.

The Dutch Public Prosecution Service successfully prosecuted the couple for laundering more than €16 million ($18.9 million) over the course of two and half years after establishing that the source of the large bitcoin sum in their possession came from illegal dark web transactions.

By Amy Liu

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