Israel seized more than 1000 bitcoins in major money laundering cases

The Israeli Hebron state prosecutor's office of the network crime division prosecuted local resident Hilmi Git, alleging that it was suspected of using more than 800 Israeli credit cards for 20000 fraudulent transactions and using bitcoin to wash money. The indictment submitted to the Tel Aviv district court said Git's fraudulent transactions amounted to $280 thousand and money laundering exceeded $8 million in ten years. The state inspection agency has seized the funds stored in the form of bitcoin and will be confiscated after being convicted by Git.