56. Is Bitcoin back?
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Sarah's with Joon Ian Wong Managing Director for Europe and Asia at Coindesk and Aaron Stanley, Strategic Communications Lead at Sweetbridge to talk about the latest news, including: Police Confiscate some Bitcoin, Coinbase gets political, and Return of the Bitcoin We kick things off with Surrey police force obtaining 295 bitcoins last October after arresting a Latvian man, who has since been convicted for money laundering and sentenced to nine years in prison. Police since sold the assets for around $1.5 million - back then, the price of a bitcoin was around $5,000. The sale has been ruled as legitimate and the police force is allowed to keep 18.8% of the proceeds for its operational budget. Then we move on to the bitcoin price has climbing above the $8,000 mark for the first time since mid-May, what's pushing up the price, and what's going on with the rumours of a bitcoin exchange traded fund (ETF). Next up, we take a closer look at MyEtherWallet, the most popular crypto wallet service on the internet.…