Superyacht used to smuggle £160m worth of cocaine to go up for auction in Newport walesonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from walesonline.co.uk Daily Mail and Mail on Sunday newspapers.
Reading Time: 2 minutes
by
Anthonia Isichei on
January 8, 2021 Bitcoin
Tulli, Finland’s customs service is the latest government agency looking to profit off the recent Bitcoin price spike by auctioning off its stash of seized BTC. Several enforcement agencies have in the past sold off cryptocurrencies recovered as part of investigations into criminal syndicates.
Tulli to Sell Almost 2,000 BTC Seized from Criminals
According to Finnish broadcast house Yle, the country’s customs authority is set to auction off about 1,981 Bitcoin seized during several criminal raids in the last five years. Indeed, 1,666 BTC of the auction sum comes from its 2016 investigation into the notorious Finnish drug kingpin Douppikauppa.