Norwegian prosecutors demand penalty payment in Bitcoin

posted about 1 year ago
Three men charged in Norway with selling drugs online have to pay back 120 bitcoins on top of millions in Norwegian kroner — the first time the Scandinavian country has demanded to be paid in the electronic currency, a prosecutor said on Friday (10/03/2017).

Richard Beck Pedersen says the men allegedly used underground websites to sell drugs, and that most of the payment was done with bitcoins. Beck Pedersen said the trio behind the online shops was formally charged on Friday with selling drugs.

He added investigators have “evidence for the sale in bitcoins,” adding prosecutors also demand they pay 3.1 million Norwegian kroner ($360,167). A trial is expected later this year.

“This is in no way an official Norwegian recognition of the digital currency,” told Beck Pedersen.
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