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International Business Times UK
International Business Times UK
Seneca Cabrera

Lancashire Police Sells Seized Bitcoin, Gets £500K Windfall But Draws Social Media Flak, Not Praise

Bitcoin with a graph in the background. (Credit: Photo by Jiri Hera on Canva)

Lancashire Police have secured £500,000 for crime prevention projects after selling Bitcoin seized from an organised crime gang. The cryptocurrency, frozen under a UK wallet‑freezing order for the first time, was sold following a court‑approved process.

While police described the seizure as a breakthrough in tackling digital crime, reaction online was far from celebratory. Many social media users questioned whether selling the Bitcoin immediately was the best financial decision and raised concerns about how the proceeds would be used.

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