Bitcoin worth £900,000 seized from hacker to compensate victims
by Mattha Busby from Technology | The Guardian on (#4NT5Y)
Judge told Grant West he would face four more years in jail if he refused to comply
A judge has ordered the confiscation of bitcoin worth more than 900,000 from a jailed hacker in the first case of its kind for the Metropolitan police.
Grant West, 27 - previously described as a "one-man cybercrime wave" - had about 1m-worth of the cryptocurrency seized from a number of accounts after his arrest in September 2017, but the value of bitcoin has since fluctuated radically, complicating attempts to compensate victims.
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