Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to UkraineFinland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million).
The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for humanitarian aid and reconstruction as its war with Russia continues.
Finland Sells Bitcoin Seized From Narcotic OffensesFinnish Customs (aka Tulli), the customs service of the government of Finland, announced Thursday that it has sold “legally forfeited” bitcoins.
“During the summer, Finnish Customs has realized its cryptocurrencies that had been legally forfeited to the state,” the announcement details, elaborating:The realization concerned 1,889.1 bitcoins.
Pylkkänen told the news outlet that the state has already received the proceeds from the bitcoin sale, noting: “Apparently it is going to Ukraine.”What do you think about Finnish Customs selling seized bitcoin and sending the proceeds to Ukraine?
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