Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine – Regulation Bitcoin News

Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine – Regulation Bitcoin News

Finland 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 Offenses

Finnish Customs (aka Tulli), the customs service of the government of Finland, announced Thursday that it has sold “legally forfeited” bitcoins.

“During the…


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