Fight Over Seized Bitcoin
Everyone wants to get their hands on some Bitcoin… All joking aside, I found this interesting and what must be infuriating for the hodler
Silk Road weed dealer fights Vancouver police over $2.6M in seized Bitcoin
“In 2013, police were called to D.A.L.’s residence, where they found 14.5 kilograms of marijuana, scales, and vacuum sealers. D.A.L. was accused of selling weed for Bitcoin on Silk Road under the name MarijuanaisMyMuse.
D.A.L. plead guilty to possession for the purpose of trafficking in March 2015, and subsequently served nine months in prison.
It wasn’t until March 2017 that a court order was signed to have Vancouver police return D.A.L.’s property. Once it had been delivered, D.A.L. and his brother soon discovered their hard drives were still missing.
Two months later, authorities applied to keep the computer equipment, claiming it to be related to an investigation (or a trial).
Police then reportedly told D.A.L. they had seized the hard drives for forensic analysis, which were soon found to be storing 226.44 BTC ($2.6 million).
A British Columbia Supreme Court ruled the issue of the Bitcoin seizure must be heard before it can process the police’s civil forfeiture claim.
“The police committed fraud by deliberately failing to advise the justice of all the pertinent facts,” D.A.L. claimed. “The police deliberately and fraudulently misled, not only the justice who approved their application, but also counsel.”
If it’s found Vancouver police acted improperly, the Bitcoin is reportedly likely to return to its original owner.”