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Bitcoin => Press => Topic started by: Grand_Voyageur on August 03, 2015, 02:41:34 PM



Title: [2015-08-03] CD: Police Return Funds Seized from Bitcoin Trader
Post by: Grand_Voyageur on August 03, 2015, 02:41:34 PM
Police Return Funds Seized from Bitcoin Trader

Quote
A bitcoin trader in Scotland has had thousands of pounds returned to him after they were seized by police during a money laundering investigation in May.

According to Herald Scotland, Max Flores' money was returned to him last month, following his solicitor's appeal.

The trader – who is unsure as to whether the seizure will have a negative effect on his credit rating – estimates he lost approximately £1,200 of his original £5,500 in legal fees.

Full story: http://www.coindesk.com/police-return-funds-seized-from-bitcoin-trader/


Title: Re: [2015-08-03] CD: Police Return Funds Seized from Bitcoin Trader
Post by: Tarantino on August 03, 2015, 05:26:19 PM
Well at least he got them back and his legal bills were quite small in comparison to US ones. Normally people in the states go bankrupt trying to fight these sorts of things and often they dont get their cash or coins back.


Title: Re: [2015-08-03] CD: Police Return Funds Seized from Bitcoin Trader
Post by: aso118 on August 03, 2015, 05:42:52 PM
The trader seems to be more worried about his credit rating than his legal expenses.
That is a good sign.  ;D