Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case – Regulation Bitcoin News

Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case

The DOJ detailed that from April through December 2020, Sebastien Vachon-Desjardins “conspired to and did intentionally damage a protected computer and transmit a ransom demand in connection with doing so.” The Justice Department launched ainternational law enforcement action to disrupt ransomware group Netwalker in January last year.

Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division commented:

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How exactly did they 'seize' the bitcoin?

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If it's a cold wallet that they seized, how would they access it without the public and private keys? If it's not a cold wallet, how did they seize a decentralized wallet? But that's besides the point; people should stop commiting crimes and using Bitcoin to escape from the law

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