UK: Online Criminal Has £50,000 Worth of BTC Seized

A cyber criminal from Slough, UK, has been found guilty of an elaborate online fraud. The case involves one of first seizures of Bitcoin in Britain.
Fraudster Used Second Life to Launder Stolen Funds
Not only has Gabriele Pearson, 23, had around £50,000 worth of Bitcoin seized from him but he also faces 15 months in jail for the crime he was sentenced to last Wednesday. Commenting on the lack of precedent for such a case, the head of Surrey and Sussex’s Joint Cyber Crime Unit Detecti