Police Return Funds Seized from Bitcoin Trader

Police Return Funds Seized from Bitcoin Trader

A bitcoin trader in Scotland has had thousands of pounds returned to him after they were seized by police during a money laundering investigation in May. According to Herald Scotland, Max Flores' money was returned to him last month, following his solicitor's appeal. The trader - who is unsure as to whether the seizure will have a negative effect on his credit rating - estimates he lost approximately £1,200 of his original £5,500 in legal fees. Laura Irvine, an associate at bto solicitors, told the Herald that her customers' money had been seized under the Proceeds of Crime Act 2002, which....


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