30 Sep TalkTalk hacker Elliott Gunton: Cryptocurrency auctioned by police
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A police force has auctioned off more than £240,000 of cryptocurrency confiscated from a teenage hacker.
The Eastern Region Special Operation’s Unit sold the stash, which included Bitcoin, Ripple and Ethereum, in what it says is a first for UK police.
It is understood the currency came from Elliott Gunton, of Old Catton, near Norwich, who received a jail sentence for hacking internet provider TalkTalk.
The unit said the money raised would go towards fighting crime.
The assets were sold in small lots by Wilsons Auctions and all bidders were approved users of cryptocurrency, to ensure the digital money could not fall back into criminal hands.
‘No place to hide’
Det Ch Insp Martin Peters, of the Eastern…
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