Russian authorities have confiscated $10 million worth of Bitcoin from a former law enforcement officer in a major bribery case involving cryptocurrency. The confiscated 103 BTC, valued at $95,175, belonged to Marat Tambiev, a former employee at the Investigative Committee of the Russian Federation (ICRF). Tambiev was convicted of accepting a 2,718 BTC bribe, leading to a 16-year prison sentence. The seizure is part of ongoing legal proceedings, with the Bitcoin being added to Russia's state revenue. The case, described as Russia's largest bribery scandal, involved Tambiev receiving bribes from hackers to influence criminal cases. The investigation revealed multiple ICRF employees extorting bribes from the hackers. This incident highlights the growing intersection of cryptocurrency and criminal activities, emphasizing the need for robust regulatory measures in the digital asset space. Read more AI-generated news on: https://app.chaingpt.org/news

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