Lancashire Police have applied a historic crypto wallet freezing order under the Proceeds of Crime Act, reinvesting recovered Bitcoin proceeds by allocating £500K for local crime prevention initiatives.
Lancashire Police reinvested £500,000 from a Bitcoin forfeiture tied to a 2017 fraud case. The police used a crypto wallet freezing order to seize assets after fully compensating the victim, with surplus funds split between the Home Office and the Prevention and Problem-Solving Innovation Fund.