UK Police Seize Bitcoin Worth $2.8 Million From Teen Operating Scam Website – Bitcoin News

When he was arrested in August last year, police found 48 bitcoins and smaller numbers of other cryptocurrencies.

Judge Catarina Sjolin Knight ruled that he benefited from his crimes by £2,141,720 and ordered that amount to be confiscated from his assets.

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Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network.

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