Russian investigators begin seizing Bitcoin from illegal crypto miners

Russian investigators have initiated a series of seizures targeting illegal crypto miners, focusing on confiscating Bitcoin as part of a larger crackdown.

The Investigative Committee recovered approximately 7 million rubles (88,570 USD; 0.8414 BTC) from a former executive who siphoned electricity from the Amur Distribution Company for Bitcoin mining.

Russia is adapting legal frameworks to allow cryptocurrencies to be recognized as intangible properties in criminal cases, which may facilitate future confiscations.

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