Bitcoins seized by Drug Enforcement Agency

Bitcoins seized by Drug Enforcement Agency

The US Drug Enforcement Administration has posted an official notice stating that it seized bitcoins from an individual for purchasing a controlled substance. According to Let's Talk Bitcoin, this may, in fact, be the first time a law enforcement agency has seized bitcoins. The DEA notice shows that, among many other people, a Mr. Eric Daniel Hughes (AKA Casey Jones) had 11.02BTC, with a value of $814.22 USD, on April 12th, earlier this year. The digital money was taken in forfeiture as the individual was in violation of the Controlled Substances Act (21 U. S. C. §§ 801 et seq.), in the....


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