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Read / Add Comments The Monmouth County Prosecutor’s Office is the first law enforcement agency in New Jersey to seize and liquidate cryptocurrency, authorities said.  The unusual assets were seized during an illegal drug bust in Long Branch and cashed in for about $198,237, according to Monmouth County Prosecutor Christopher J. Gramiccioni. In 2018, investigators executed search warrants at two Long Branch locations used by 39-year-old Giddel Gonzalez-Estrada, who pleaded guilty in the 2019 drug case and is completing a 10-year state prison sentence, Gramiccioni said. Auth...

Cryptocurrency cashed in for $200K profit after N.J. authorities seized it during drug bust 3 years ago Updated 3:17 PM; At least one New Jersey law enforcement agency now has cryptocurrency in the bank. On Monday, the Monmouth County Prosecutor’s Office said it is the first law enforcement agency in New Jersey to complete the forfeiture and liquidation of cryptocurrency assets, which were seized during an illegal narcotics distribution bust out of Long Branch three years ago. In 2018, investigators executed search warrants at two Long Branch locations used by 39-year-old Giddel Gonzalez-E...