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Russia Seizes $10 Million in Bitcoin from Former Official in Bribery Case

The bitcoin seized from former ICRF employee Marat Tambeev will be turned into Russian state revenue.

The Russian government has seized $10 million in bitcoin from a former law enforcement official, local reports say.

Law enforcement officers in a Russian court have begun seizing bitcoin

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from a former employee of the Investigative Committee of the Russian Federation (ICRF) in a massive cryptocurrency bribery case.

Officers have begun proceedings to seize 1 billion Russian rubles ($10 million) — or roughly 103 bitcoins — from former ICRF employee Marat Tambeev, who was convicted of cryptocurrency bribery in 2023, TASS news agency reported on January 8.

The seized bitcoins will be added to Russian state revenues as part of the legal proceedings. Officers reportedly gained access to Tambeev's cryptocurrency wallet, the Ledger Nano X, to seize the assets.