RATE Group | Criminal’s Bitcoin seized in Surrey Police first
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Criminal’s Bitcoin seized in Surrey Police first

21 Jul Criminal’s Bitcoin seized in Surrey Police first

Posted at 15:56h in Bitcoin News by

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Serejgs TereskoImage copyright
Surrey Police

Image caption

Serejgs Teresko was jailed for more than nine years for money laundering and drugs offences

More than £1.2m worth of Bitcoins have been seized from a senior member of an organised crime gang.

Serejgs Teresko, 31, was kidnapped from a rented Virginia Water home in April 2017, where police found a large cannabis factory.

He turned up later and a search found a crypto currency wallet used to access a Bitcoin account in his Cobham home.

He was jailed for nine years and three months for money laundering and drugs offences.

Teresko had admitted money laundering, cultivation of cannabis and the possession/control of articles for use in fraud at Kingston Crown Court on 6 October.

Surrey Police said it was the first UK law enforcement agency to convert Bitcoin into…

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