Lancashire police seized bitcoin and gained US$665,000 from appreciation "
According to Internet reports, Lancashire police in the United Kingdom seized bitcoins converted by criminals in 2017. Due to the soaring price of bitcoin, they earned a surplus of US$1.3 million after liquidation. According to British law, victims can only receive the original amount of compensation. The police allocated US$665,000 (£ 500,000) of this to the anti-crime fund to purchase drones, anti-fraud equipment, etc. The rest is turned over to the government. Police said the move will achieve full compensation to victims, while additional funds will be used to prevent crime. The criminal involved in the case has been sentenced.
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