Ireland’s Criminal Assets Bureau (CAB) held Bitcoin worth about $378 million since 2019, facing access challenges.

CAB to Employ New Strategies to Access Seized Funds

Clifton Collins, a beekeeper-turned-drug dealer, was arrested in 2019. His Bitcoin was seized in 2020 following a court ruling. This reveals difficulties in managing digital assets, urging law enforcement to seek new tools.

U.S. Marshals to Sell Seized Silk Road Bitcoin

Finance lawyer Scott Johnsson noted that U.S. Marshals are selling Bitcoin related to Silk Road. This follows an agreement with Coinbase, ensuring assets remain segregated until sale.

German Government Sells Off 16,000 Bitcoin

German and U.S. governments have been selling large BTC amounts. Arkham Intelligence reports Germany sold over 16,000 BTC worth over $927 million, impacting Bitcoin's price and potentially linked to criminal cases.

Faced with access challenges, international law enforcement emphasizes digital asset importance in criminal investigations, searching for proactive solutions.