Dutch Authorities Seize $29 Million Worth of Crypto

Dutch Authorities Seize $29 Million Worth of Crypto

Dutch law enforcement seized €25 million ($29 million) worth of cryptocurrencies over the past few months as a result of separate money-laundering investigations, according to a Nov. 8 announcement made by the Public Prosecution Service.As per the investigators, there are both Dutch nationals and foreigners among the arrested individuals.The euro value of confiscated crypto continues to grow exponentially from year to year.The authorities seized €303 million ($351 million) in 2020, with cryptocurrencies accounting only for a small share of the whole sum ($9.9 million).

We do not want to give the impression that we are speculating with criminal assets.

As reported by U.Today, Finland's Bitcoin stash has grown to $78 million.

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