Danish 33-year-old sentenced to four years in jail for laundering money with bitcoin

Danish 33-year-old sentenced to four years in jail for laundering money with bitcoin.

Image source: Shutterstock / Trijo News

Totte Löfström

totte.lofstrom@trijo.co

A 33-year-old Danish man has been sentenced to four years in jail for fencing and money laundering with the help of bitcoin.

A 33-year-old Danish man has been sentenced to four years and three months in jail for money laundering and fencing with the help of the cryptocurrency bitcoin.

The man has, according to the verdict, received big sums of money that he knew came from criminal activity, bought bitcoin and then sent them to foreign accounts. During the trial, the man admitted to the crime.

“We are willing to prioritize resources to investigate even complex crimes committed online”

Police officer Troels Jul Kjærgaard from the Nordjylland police force says in a press release that this proves that the Danish police has the competence required to uphold the law even on the internet.

“We have the competence, and we are willing to prioritize resources to investigate even complex crimes committed online”, says Troels Jul Kjærgaard.

The police first learned about the crime in conjunction with investigating a 44-year-old man for extortion, according to Danish TV2.

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