Express

$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

Last Update:

Tags: ,,,
Link: $29 Million in Bitcoin Seized From Dutch Dark Web Money Launderers   [Copy]
  • Onchain Fatigue: The Harsh Reality Driving Users Away from Web3 2 days ago
  • Are Airdrops Overfarmed? State of the Market 3 days ago
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 5 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 7 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 8 days ago
  • You need to login to comment.