French police close bitcoindienst and take virtual currency seized




French police have dismantled a yet unknown service for exchanging bitcoins late last week. They also confiscated 388 virtual coins, with an estimated value of around 200,000 euros. Reports that the French justice Monday.

Bitcoin The buying or obliteration of the crypto-currency would be contrary to the law, because no permit would be sought. For Across the U.S. Reuters said prosecutor Monday that it is the first time that legal action is taken against the “illegal” exchange of virtual currency in Europe.

Police arrested three people Friday in Cannes, Nice and Toulouse. This was done according to Reuters after a tip from a retired policeman who came to the site by rail. The French Le Point reported that the suspects the administrator of the site on which the bitcoins were offered, his wife and one of his suppliers. In one of the three police found during a search among more bitcoins. Agents also took credit cards and hardware seized. Two of the three are now currently set for examination. One has since been released, but it is not known who.

The defendants would in particular have committed illegal banking and money laundering. Guilty They were allegedly involved in 2,750 transactions in the period from November last year to this month. In those transactions were used least 2,500 bitcoins.

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