Curtis "Cocky" Warren, who once had a net worth of $227 million, has been told he could face another five years in jail if he breaks this rule.
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A notorious drug baron — likened to "Britain's Pablo Escobar" — has been banned from holding Bitcoin as his release date nears.
Curtis "Cocky" Warren, who once had a net worth of $227 million, has been told he could face another five years in jail if he breaks this rule.
According to The Sunday Times, the 59-year-old "will be subject to some of the strictest measures imposed on a released convict" as his 14 years behind bars come to an end.
Warren will also be forbidden from using social media, will need to give a day's notice if he wants to get into a friend's car, and is only allowed to have one mobile phone.
During his time in jail, his sentence was extended because he refused to comply with a $225 million confiscation order.
A source in the National Crime Agency told the newspaper that this confiscation order remains in place, meaning that — if he was to buy a house in future — it would then be taken away.
This helps explain why there are such heavy restrictions on any potential Bitcoin use, and show British courts can prohibit convicts from holding them.
Even in fiat terms, Warren has been told he won't be able to have more than $1,100 in cash, and his ability to borrow money or browse the internet will be monitored and restricted.
All of these restrictions will be in place for at least five years, and are aimed at ensuring he doesn't get back into drug crimes.
The NCA has said that these rules "will have little impact upon those who are genuinely reformed."
