US Prosecutors Rush to Sell Bitcoin Confiscated in Drug Bust
"At the time of his arrest, the authorities seized $500,000 worth of Bitcoin from Shamo. Due to Bitcoin’s substantial growth this year, the confiscated sum is now worth $8.5 mln."
WOW.... That's a lot of money right now.
"Similar scenarios around the world
Earlier this week, Cointelegraph reported that Bulgarian authorities had also seized a massive amount of Bitcoin from a criminal investigation. In that case, the European country had struck ‘digital gold,’ with over 200,000 Bitcoin confiscated, equal to roughly $4 bln or one-fourth of the country’s national debt."
For more info click link below
https://cointelegraph.com/news/us-prosecutors-rush-to-sell-bitcoin-confiscated-in-drug-bust