Finland is looking to hire a broker to sell 1,981 bitcoins seized in drug bust
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Finland Seeking Brokers to Assist in Sale of $82M Worth of Seized BTC
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Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million – Regulation Bitcoin News
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Bitcoin
Finland s customs authority is looking to sell bitcoin seized in 2016, now worth more than $75 million
January 7, 2021, 9:15AM EST
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1 min read
Finland s customs authority, Tulli, is looking to sell 1,981 bitcoins, local public broadcaster Yle reported the news on Thursday.
The majority of the seized bitcoins (1,666) were confiscated in 2016 via the arrest of Finnish drug dealer Douppikauppa. The bitcoins were worth about $860,000 at the time of confiscation, and now they are valued at more than $75 million.
Tulli is looking to sell the bitcoins directly or via a broker, CFO Pekka Pylkkanen told Yle. The collected amount will be sent to Finland s Ministry of Finance.