{"id":45045,"date":"2025-01-10T11:47:56","date_gmt":"2025-01-10T11:47:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/russia-confiscates-10m-bitcoin-from-former-law-enforcement-official\/"},"modified":"2025-01-10T11:47:56","modified_gmt":"2025-01-10T11:47:56","slug":"russia-confiscates-10m-bitcoin-from-former-law-enforcement-official","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/russia-confiscates-10m-bitcoin-from-former-law-enforcement-official\/","title":{"rendered":"Russia confiscates $10M Bitcoin from former law enforcement official"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1635167423341-0ea8a548-ede3-4b38-a152-a3212ac3131e-scaled-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1635167423341-0ea8a548-ede3-4b38-a152-a3212ac3131e-scaled-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1635167423341-0ea8a548-ede3-4b38-a152-a3212ac3131e-scaled-1-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1635167423341-0ea8a548-ede3-4b38-a152-a3212ac3131e-scaled-1-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Russia seizes 2,718 Bitcoin worth $10M from ex-ICRF official.<\/li>\n<li>The ex-official was involved in what has been termed the largest bribery case in Russia.<\/li>\n<li>The confiscated bitcoins will be added to the state revenue.<\/li>\n<\/ul>\n<p>Russian authorities have seized approximately $10 million worth of <a href=\"https:\/\/coinjournal.net\/bitcoin\/what-is-bitcoin\/\">Bitcoin<\/a> from Marat Tambiev, a former employee of the Investigative Committee of the Russian Federation (ICRF).<\/p>\n<p>The seizure, <a href=\"https:\/\/tass.ru\/ekonomika\/22838915\">reported<\/a> 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\u2019s handling of digital assets in legal contexts.<\/p>\n<h2>The largest bribery scandal in Russian history<\/h2>\n<p>Tambiev\u2019s 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.<\/p>\n<p>The Nikulinsky District Court of Moscow had previously ordered the seizure of 1,032 BTC from Tambiev in 2023, citing the assets as derived from unconfirmed income.<\/p>\n<p>The case against Tambiev came to light after his arrest in March 2022, where investigators discovered the private keys to his Bitcoin wallet in a folder named \u201cRetirement\u201d on his laptop.<\/p>\n<p>The source of the bribe was traced back to the Infraud Organization, a notorious hacker group. Members from Kazakhstan and Estonia allegedly bribed Tambiev in exchange for favourable judicial decisions, including efforts to halt their own criminal prosecutions and hide assets worth over $138 million in cryptocurrency.<\/p>\n<p>This case not only showcases the scale of corruption within certain sectors of Russian governance but also reflects the country\u2019s evolving stance on cryptocurrency.<\/p>\n<h2>The confiscated Bitcoin to be integrated into Russia\u2019s state revenue<\/h2>\n<p>As part of the legal proceedings, the confiscated Bitcoin will now be integrated into Russia\u2019s state revenue, a move that signals how the nation is dealing with digital currencies in official capacities.<\/p>\n<p>This development comes as <a href=\"https:\/\/coinjournal.net\/news\/russia-set-to-legalize-crypto-and-launch-digital-ruble-for-public-use-in-a-years-time\/\">Russia is increasingly considering cryptocurrencies for international trade<\/a>, especially as a means to circumvent Western sanctions.<\/p>\n<p>The finance minister has indicated openness to using Bitcoin in foreign trade, showcasing a potentially dual approach to crypto \u2014 one of regulation and integration, alongside stringent action against its misuse in criminal activities.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/russia-confiscates-10m-bitcoin-from-former-law-enforcement-official\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) 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 [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":45046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45045"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=45045"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/45046"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=45045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=45045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=45045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}