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Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies
25.11.2020
Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold...
Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments
13.11.2020
The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 BTC worth over $1 billion...
German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site
7.8.2020
German authorities, with the help of the U.S. Federal Bureau of Investigation (FBI), have confiscated about $30 million in bitcoin from an operator of a pirate movie website. An unspecified amount of bitcoin cash was also seized. Bitcoin and Bitcoin Cash Seized The German state of Saxony’s...
Competition Among Seized Bitcoin Auctions Might Get Tougher
10.3.2020
Belarus could join the growing ranks of countries that allow government agencies and police forces to seize and auction cryptoassets, closing legal loopholes that currently bar the seizure of digital coins.
In an interview, Ivan Noskevich, the head of the Belarusian Investigative Committee, told...
Belgian Gov’t Will Sell $125K of Seized Bitcoin in Irish Public Auction
9.3.2020
Ireland-based auction house Wilsons Auctions is selling $125,000 worth of Bitcoin on behalf of the Belgian government
Finnish Authorities Have $15M in Seized Bitcoin But Don’t Want to Sell It
26.2.2020
The confiscated horde is now worth more than $15 million