Bitcoin case: Police investigates the Bitcoin cashing of 440000 Euros

Two men which were arrested last week had cashed their Bitcoin wallet. Their wallet had a total worth of 440000 Euros.

The men of 28 and 29 years were arrested along with a 19-year-old woman. The 28-year-old male and 19-year-old woman are suspected of cannabis cultivation. In addition, the 28-year-old male would have been guilty of money laundering.

The police has investigated the house of the of the 28-year-old male and they found a fake weapon, various jewelries and a sum of money. The items have been seized by the police.

Financial investigation has shown that both male suspects have cashed a large amount of bitcoins. The accused would have received approximately 160,000 and 280,000 Euros for their bitcoins. Further research should reveal how they got to the bitcoins. In recent years, several online marketplaces have been taken down by government forces.