Scottish authorities tracked, traced, and seized Bitcoin stolen during a 2020 home invasion, marking the first robbery in Scotland to involve cryptocurrency tracing.
Scottish prosecutors have seized and converted 23.5 Bitcoin into cash from a 2020 robbery that saw three men armed with a machete and a Toblerone chocolate bar break into a home near Glasgow.
The case — initially heard last year — “was the first robbery in Scotland to involve tracing stolen cryptocurrency,” said Detective Inspector Craig Potter from Police Scotland’s Cyber Investigations unit.
In a first for the country, prosecutors used proceeds of crime legislation to seize and convert the Bitcoin (BTC) stolen in the March 2020 robbery into cash, BBC News reported on Sept. 2.
