Russia confiscates $10M Bitcoin from former law enforcement official
Russia seizes 2,718 Bitcoin worth $10M from ex-ICRF official. The ex-official was involved in what has been termed the largest bribery case in Russia. The confiscated bitcoins will be added to the state revenue. Russian authorities have seized approximately $10 million worth of Bitcoin from Marat Tambiev, a former employee of the Investigative Committee of the Russian Federation (ICRF). The seizure, reported by the local news agency TASS, involved the confiscation of 103 Bitcoin, stored in a Ledger Nano X hardware wallet, marking a significant moment in Russia’s handling of digital assets in legal contexts. The largest bribery scandal in Russian history Tambiev’s conviction stems from what has been described as the largest bribery scandal in Russian history, involving a staggering 2,718 BTC bribe, which was valued at around $258 million at the time of sentencing. The Nikulinsky District Court of Moscow had previously ordered the seizure of 1,03...