During two house searches as part of this investigation, the PJF of East Flanders seized a total of more than 547,000 euros in property. There was a large amount of silver and gold coins (worth 346,000 euros) and cryptocurrencies (worth 175,000 euros), as well as NFTs (worth 26,000 euros). This is the first time that the Belgian police have seized NFTs.
NFTs are digital objects certified as unique and unforgeable by “blockchain” technology. The principle is often applied to digital art and collectibles, which also makes it possible to speculate on their value. The buyer can also resell to turn the NFT into a currently unregulated market through its proof of ownership.
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