Former NCA Officer Could Face Further Action Over Stolen 50 BTC Recovered Through Blockchain Analysis
2025-07-18 12:32:25
Main Idea
Former NCA officer Paul Chowles was sentenced for stealing 50 BTC during a Silk Road 2.0 investigation, with the stolen Bitcoin later recovered through blockchain forensics and private key recovery.
Key Points
1. Paul Chowles, a former National Crime Agency officer, stole 50 BTC during a 2017 investigation into Silk Road 2.0, initially valued at $77,000 but now worth over $5.6 million.
2. Chowles used Bitcoin Fog, a crypto mixer, to obscure the transaction trail of the stolen Bitcoin.
3. The stolen Bitcoin was recovered in 2022 with the help of blockchain analytics firm Chainalysis during a search by Merseyside Police.
4. Chowles was dismissed from the NCA in July 2025, and the Crown Prosecution Service is pursuing further legal action against him.
5. The case highlights the importance of advanced blockchain forensics in prosecuting crypto-related crimes and the growing collaboration between law enforcement and blockchain analytics firms.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Paul Chowles, a
Latest News
- iShares Bit ETF IBIT Tops Weekly Fund Inflows Among 4,300+ ETFs, Outpacing iShares ETH ETF ETHA2025-07-18 16:31:30
- Strategy’s $72B Bitcoin Holdings Possibly Spread Across Coinbase and Other Institutional Custodians2025-07-18 16:30:17
- US ADMIN LOOKING AT A RECIPROCAL TARIFF RATE 10% WITH EUROPE EVEN IF A DEAL IS REACHED: FT CITING DIPLOMATS2025-07-18 16:28:54
- IBIT Leads BlackRock ETF Capital Inflow Surge While ETHA Secures Fifth Place2025-07-18 16:28:43
- Trend Research’s Large UNI Withdrawals Suggest Possible Strategic Shift Amid ETH Transfer Pause2025-07-18 16:15:45