This Is How Confiscated Bitcoin, Ethereum, And Monero Sold By The Taxman

Source: Adobe/stockphoto-graf

Selling the confiscated EUR 6.4m (USD 7.63) in crypto for the Lithuanian tax authority was a lengthy and complicated process that lasted at least two months and required long preparation and detailed coordination between the seller, supplier, trading partners, and intermediary banks so as to avoid issues and delays during the sale, according to the CEO of the Lithuanian investment and exchange service that performed the sale.

As previously reported, on…

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