Finland has $82 million worth of seized Bitcoins and now they are looking to sell these bitcoins through a trusted broker with safety.
Finland announced that they are seeking for brokers that can help them to assist to sell the Bitcoins. The bitcoin that they want to sell is seized by the investigation authorities. Investigation authorities of Finland seized around 1,981 BTC. And According to the current price of Bitcoin, the worth of 1,981 BTC is around $82 million at the time of writing this article.
Pekka Pylkkänen, director of financial management, said that they will take help from the Bitcoin broker to sell the Bitcoin in perfect, reliable & in a trusted manner.
Currently Finland authority is looking for up upto three bitcoin brokers with a two year agreement. Finnish authorities will distribute around €250,000 and €2 million to each broker. These data may vary according to the future seizure of more crypto in criminal activities.
According to a report, Finnish authorities have been seizing Bitcoin since 2016 and now in the present time they have collected bitcoin worth a total $82 million. It is worth noting that the authority of Finland will deposit this fund of Bitcoin in the government treasury. And also the price of Bitcoin was very low in 2016 and in the present time Bitcoin is very high in comparison to 2016. Bitcoin is not making holders profitable but also it is making the government authorities rich.
Read also : China says they will keep regulatory pressure on crypto market