Post
Topic
Board Legal
Re: List of court cases, complaints, regulatory actions, etc.
by
JAM69
on 08/10/2013, 15:46:02 UTC
Bitcoins confiscated in Operation Ransomware
September 27, 2013
Location: Madrid Spain

Abstract: Technological Investigation Brigade, the national police in Spain, confiscated [Edit: gained the credentials necessary to spend] an undisclosed number of Bitcoins from a pair of foreigners "laundering" 10K EUR a day in a malware/ransomware scam that sold access to remotely controlled computer systems.

Quote
Investigators located the different digital wallets that the organization used for electronic money and have seized a total of 55,000 € between different euro notes and virtual currency.
- http://www.policia.es/prensa/20130927_1.html

What is unknown is if this is the same bust reported in February:
 - http://arstechnica.com/tech-policy/2013/02/spanish-police-bust-alleged-ransomware-ring-that-took-in-1-34m-annually


According to a Spanish journalist, the police changed the bitcoins for euros.
https://twitter.com/pabloromero/statuses/386874644747534336