US Treasury officials are trying to attack money laundering via Bitcoin and other cryptocurrencies.<br />And according to Business Insider, a recent case is a reminder that some courts treat the currencies much the same as cash.<br />A federal judge issued a warrant for the seizure of about 392 Bitcoin, valued at about $16 million.<br />US attorneys say the Bitcoin was owned by a group of Darknet drug dealers.<br />The owners bought a 1974 Triumph fishing boat and a California squid permit to 'conceal and disguise' drug money.<br />The value of the Bitcoin is more than 10 times what it had been in January 2019, when it was found in during a search of a home in Ventura, California.<br />Bitcoin can be stashed in a home, and $16 million in Bitcoin fits in a wallet.
