Darknet Drug Dealers Stash $16M In Bitcoin In 1974 Fishing Boat
Darknet Drug Dealers Stash $16M In Bitcoin In 1974 Fishing Boat

US Treasury officials are trying to attack money laundering via Bitcoin and other cryptocurrencies.

And according to Business Insider, a recent case is a reminder that some courts treat the currencies much the same as cash.

A federal judge issued a warrant for the seizure of about 392 Bitcoin, valued at about $16 million.

US attorneys say the Bitcoin was owned by a group of Darknet drug dealers.