{"id":133031,"date":"2024-07-13T15:00:14","date_gmt":"2024-07-13T12:00:14","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133031"},"modified":"2024-07-13T12:16:32","modified_gmt":"2024-07-13T09:16:32","slug":"uk-authorities-seize-and-sell-monero-from-drug-dealer","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/uk-authorities-seize-and-sell-monero-from-drug-dealer\/","title":{"rendered":"UK Authorities Seize and Sell Monero from Drug Dealer"},"content":{"rendered":"<p>This marks the <strong><a href=\"https:\/\/www.cps.gov.uk\/cps\/news\/drug-dealer-who-sold-deadly-weight-loss-pills-pays-back-ps23000-first-monero\" rel=\"nofollow\">first instance<\/a><\/strong> of the UK Food Standards Agency (FSA) selling <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/monero\/\">XMR<\/a><\/strong> for British pounds.<\/p>\n<p>The case centers on Jack Edward Finney, a 28-year-old British citizen who used Monero to conduct transactions for the illegal drug DNP, which the UK Home Office has classified as poison.<\/p>\n<p>Adrian Foster, lead prosecutor for the Crown Prosecution Service (CPS), remarked on the significance of converting Monero into cash, emphasizing that criminals cannot evade justice by hiding funds in cryptocurrencies.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-133023\" href=\"https:\/\/cryptodnes.bg\/en\/xrp-price-surges-over-11-here-is-the-reason\/\" title=\"XRP Price Surges Over 11% &#8211; Here is the Reason\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/xrp-low-2-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">XRP Price Surges Over 11% &#8211; Here is the Reason<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Andrew Quinn, head of the FSA\u2019s National Food Crime Unit, expressed approval of the court\u2019s ruling, which required Finney to forfeit the \u00a323,000 he earned through his illegal activities on the dark web. Quinn highlighted the commitment to tracking and seizing illicit funds, regardless of their form.<\/p>\n<p>The Monero tokens were liquidated through an unnamed cryptocurrency trading platform, converting them into British pounds and setting a precedent for future cases involving digital currencies and crime.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK authorities have seized Monero (XMR) from a drug dealer who admitted to selling dangerous &#8216;weight loss pills.&#8217;<\/p>\n","protected":false},"author":3,"featured_media":21928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24,26],"tags":[300],"coin_category":[],"class_list":["post-133031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-cryptocrime","tag-monero"],"acf":[],"yoast_head":"<!-- This site is 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content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-13T12:00:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Monero.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/UoyhIpJ0QUV6uYL\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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