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🇷🇺 Russia is liquidating 1,032 BTC confiscated in a corruption case

The country's authorities have begun liquidating 1,032.1 BTC confiscated from Marat Tambiev, a former chief investigator for the Russian Investigative Committee, with Moscow initially selling nearly $10 million worth of BTC.

Tambiev, a chief investigator in Moscow, was convicted of accepting a bitcoin bribe from the Infraud hacker group and aiding them in hiding $137 million in cryptocurrency.

Source: https://atlas21.com/russia-set-to-sell-over-1000-confiscated-bitcoins-in-a-corruption-case/

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inpc 11mo ago

So all countries going to build reserves by nicking people...

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acronym 11mo ago

it is not a reserve if they are dumping it, which is what all countries seem to do with confiscations.

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