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Lithuanian government has exchanged around $7.6 million of seized cryptocurrencies

Kate Graham-Shaw

Summary: The Lithuanian government has exchanged around $7.6 million of seized cryptocurrencies, it was announced Tuesday. Bitcoin (BTC), Ether (ETH) and Monero (XMR) were some of the confiscated cryptocurrencies. The funds were seized in February 2020, according to the announcement. The government’s tax authority was required to make a crypto wallet in order to achieve the ...

The Lithuanian government has exchanged around $7.6 million of seized cryptocurrencies, it was announced Tuesday. Bitcoin (BTC), Ether (ETH) and Monero (XMR) were some of the confiscated cryptocurrencies.

The funds were seized in February 2020, according to the announcement. The government’s tax authority was required to make a crypto wallet in order to achieve the exchange.

By Kate Graham-Shaw

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