NFTs confiscated for the first time in the Netherlands

For the first time in history, the Dutch police seized non-fungible tokens as part of an investigation into the leakage of confidential information.

During the investigation, the police have carried out 2 raids since the beginning of March in two cities in the north of the country (Weesp and Hilversum). The raids arrested two men, aged 19 and 23, who were suspected of illegally buying personal data. They used the information they received to steal NFTs and cryptocurrencies from their owners.

The police did not disclose exactly which non-fungible tokens were confiscated, and how access was gained to them. According to experts, most likely, by a court decision, the police received access to the private keys of people suspected of crimes. This made it possible to confiscate NFTs.

 

 

Law enforcement officials do not yet have a clear plan for how to deal with confiscated digital assets. It is not clear how to determine their value. The decision on the future fate of the NFT will be made by the court of the Netherlands. If the judges give permission for the sale, the cost can be determined during the auction.

Recall that the Dutch police are actively searching for misappropriated digital assets. During the investigation in 2021, it was possible to confiscate funds in the amount of $39 million.

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