Finland to Auction 2,000 Bitcoins Seized in Silk Road-Linked Drug Busts

Finland’s government is preparing to hold its first Bitcoin auction. The Treasury Department has recommended that the government auction off the approximately 2,000 BTC it seized in connection with drug busts nearly two years ago, according to a report from Finnish-language media outlet Helsingin Sanomat. “We recommend public auction for the [sale of the] bitcoins. An auction can be used to ascertain the buyer and whether the state receives a payment. In addition, the risks associated with the handling of bitcoins will be passed on to the buyer in the…

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