The UK’s serious fraud office (SFO) has been frozen £ 10,865.76 in Bitcoin and £ 289.30 to USDC (value at the time of freezing) in encryption owned by Arena TV CEO Richard Yeowart.
This is the first time the organization used new forces that came into force last year to freeze encryption.
The assets, which were determined by the SFO criminal proceeds as a crime -linked crime, were frozen after a hearing in the Court of Justmins of Westminster this week.
They will now be held for up to nine months to allow any affected places to appear.
The case of SFO, which remains ongoing, has so far included a raid, three arrests and the search for three properties in a survey that includes a series of suspects.
Business Manager, Emma Luxton, said:
“We are committed to using every tool at our disposal to prevent criminals from benefiting from their crimes, wherever they hide their assets.
Our first wallet freezing order is an important step, as we build the ability to encrypt our assets and marks our intentions as we adjust to deal with more sophisticated efforts to hide criminal assets. “