#Russian authorities have confiscated $10 million worth of Bitcoin from a former Law Enforcement Officer in a major bribery case involving crypto. They confiscated 103 $BTC ,which 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 till now is called as Russia's largest bribery scandal, involved Tambiev receiving bribes from hackers to influence criminal cases. The investigation revealed that multiple ICRF employees were 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.The decentralization of crypto is on one side a huge achievement but on the other aide is proving to be a nightmare.
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Russia has started using BTC in foreign trade

In response to the increasingly complicated trade with key partners, the Russian Federation has allowed the use of cryptocurrencies to counter Western sanctions by allowing their use in foreign trade and has taken steps to legalize mining.

Bitcoin payments are already being used in an experimental mode and their scale is planned to be increased next year.$LDO
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