Forget Cash and Cars — NFTs Seized from Criminals for First Time Ever By Dutch Police
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Forget Cash and Cars — NFTs Seized from Criminals for First Time Ever By Dutch Police

3 months ago

The crypto collectibles were seized because they are proceeds of criminal offenses, and they belonged to two men suspected of selling private data.

Forget Cash and Cars — NFTs Seized from Criminals for First Time Ever By Dutch Police

Police normally end up seizing high-end cars, jewelry and property from fraudsters — but things are changing.

Detectives in The Netherlands have confiscated non-fungible tokens for the very first time.

Earlier this month, a 19-year-old and a 23-year-old man were arrested on suspicion of selling private data on a large scale.

The suspects are accused of enabling fraudsters to prey on innocent consumers who pretend to be from their bank.

Given how this private data enables scammers to know personal information, victims are more likely to believe these calls are genuine.

"A large amount of data" was found when the suspects' homes were raided, and police tracked them down by monitoring their messages.

Two weeks on from their arrest, officers have revealed that they have seized NFTs from the men because they are proceeds of criminal offenses. As a police spokesman confirmed:

"​​NFTs are particularly popular as 'digital art', the most famous of which are images of monkeys, cats or punks. These pictures are unique and in some cases worth millions of euros."

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