French police smash illegal Bitcoin trading ring
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French police said Monday they had smashed an illegal Bitcoin trading network, seizing virtual currency worth 200,000 euros ($272,000) in the first such operation in Europe.
Two people have been charged and are in custody following raids last week in the French southern cities of Nice, Cannes and Toulouse and in Brussels that led to the seizure of 388 Bitcoins.
“This is the first time that an illegal exchange platform for Bitcoins like this one has been dismantled in Europe,” a police statement said.
http://phys.org/news/2014-07-french-police-illegal-bitcoin.html
