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After two raids earlier this month yielded a number of blockchain-powered digital certificates and an undisclosed amount of cryptocurrency, Dutch police are celebrating their first ever NFT seizure. The NFTs were taken two weeks ago, according to local news outlet NLTimes, when officials raided homes in Weesp and Hilversum in the north of the country.
The raids were part of a larger probe into widespread unlawful data-selling. Two guys, aged 19 and 23, were arrested on suspicion of using stolen data to steal crypto tokens such as NFTs. The Dutch authorities have not said what the NFTs are or how they got access to them.
However, a tech expert told Dutch news source NOS that investigators were likely able to seize the NFTs by obtaining the defendants’ private keys through a court order.
The cops also don’t know what to do with the seized cash – or even how much it’s worth. According to reports, a Dutch court will make the decision.
“If the judge decides that we can auction them, then it will become clear what they will yield,” a police spokesperson said.
“Now we do not dare to estimate that because the value fluctuates greatly.”