Scotland's first case tracking stolen bitcoin hits dead end
Police in Scotland have admitted that $200,000 in stolen bitcoin will likely never be recovered following a robbery involving a weaponized Toblerone and a machete. In addition, one of the raided victims has been accused of taking part in online fraud. In 2020, bitcoin then worth $200,000 was forcibly transferred to a crypto wallet by three masked individuals in a Scottish home raid. The three reportedly brandished a machete and used a large personalized Toblerone to beat one of the victims over the head. Police track ed the stolen crypto to the wallet of 29-year-old Lanarkshire man John-Ross Rennie, in what was described as the first case of bitcoin robbery to involve tracing in Scotland . However, despite track ing the crypto to Rennie, police say they haven’t been able to seize the stolen funds. As reported by Glasgow Live, Detective Inspector Craig Potter said siezure “relies on the funds being there and being able to access them. In this case by the time we got to Mr Re...