Russia seizes $10M in Bitcoin from ex-official in bribery case

The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue.

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The Russian government confiscated $10 million worth of Bitcoin from a former law enforcement official, according to local reports.

Russian court enforcement officers have begun confiscating Bitcoin (BTC) from a former employee at the Investigative Committee of the Russian Federation (ICRF) in a massive bribery case involving cryptocurrency.

The officers began proceedings to seize 1 billion Russian rubles ($10 million) โ€” or roughly 103 BTC โ€” from former ICRF employee Marat Tambiev, who was convicted of crypto bribery in 2023, the news agency TASS reported on Jan. 8.

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