The Israeli police will acquire 19.15 BTC and 83 ETH, which will be given to known footballer and gambler Shai Siboni.
Purchase of Cryptocurrency and Reason
Israel announced the purchase of 19.15 BTC and 83 ETH worth over $2.2 million. This action is related to the prior loss of Shai Siboni's crypto wallet during his detainment over two years ago.
Police Error and Its Consequences
A police official commented on the incident, stating, "This is a serious oversight and it is still unclear how the wallet disappeared." It was noted that to rectify the situation, the state will purchase a new digital wallet, which will be filled with the mentioned cryptocurrency and returned to Siboni.
Profile of Shai Siboni
Shai Siboni, a notable footballer, is under scrutiny by law enforcement due to his involvement in illegal gambling. He is suspected of running illegal betting lines during two World Cups — in 2014 and 2018. His profits are estimated to exceed 100 million shekels.
Thus, despite legal efforts, Siboni finds himself in a favorable position due to a police oversight, raising questions about the fairness in dealing with criminal activities.
