Security· ★★★· neutral·

Ex-UK NCA officer ordered to forfeit £1.81M for stealing 50 BTC from Silk Road evidence

  • —Chowles moved 50 of 97 seized BTC in May 2017, worth £59,409 at the time
  • —Funds were laundered through Bitcoin Fog and cashed out via Cryptopay and Wirex cards
  • —He was sentenced to 5.5 years in July 2025 and dismissed by the NCA
  • —Court assessed his available assets at £1.81M versus £1.97M in criminal benefit
Why it matters: The case shows how bitcoin's price surge turns old thefts from seized wallets into multi-million-dollar forfeitures and sharpens scrutiny of how authorities store confiscated assets.
#BTC
Source: 動區 BlockTempo
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