UK police raised £300,000 ($369,000) through the auction of criminally-seized Bitcoin this week, achieving over market value. The seized crypto stash was from 20-year-old Norwich man Elliot Gunton. The self-described “full-time crypto trader”.
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UK police just sold criminally-seized Bitcoin for above market rates
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This criminal’s cryptocurrency is to be spread across the world UK police reportedly seized the cryptocurrency stash from 20-year-old Norwich man Elliot Gunton. The self-described “full-time crypto trader” was recently found guilty of supplying stolen personal data and hacking services in exchange for cryptocurrency. He’s been sentenced to 20 months in prison, and ordered to repay £400,000 ($491,000). Gunton is known for taking part in 2018’s TalkTalk hack, which saw bank details of 4,500 users leaked online. The incident is reported to have cost the company more than £77 million ($94.5 million).
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