Bitcoins Seized By DEA

“The Drug Enforcement Administration posted an Official Notification that Bitcoin (i.e. property) belonging to Eric Daniel Hughes was seized for forfeiture pursuant to 21 U.S.C. § 881, because the property was used or acquired as a result of a violation of the Controlled Substances Act (21 U.S.C. §§ 801 et seq.)  The DEA appears to have been the first agency to seize actual Bitcoins from an individual with this seizure.  Exactly how the Bitcoin was seized is not known as of this writing.  However, reading the top of the notice it appears that Mr. Hughes can request release of the seized property during the pendency of the forfeiture proceeding due to hardship.”

http://letstalkbitcoin.com/post/53700133097/users-bitcoins-seized-by-dea

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