Express

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

Last Update:

Tags: ,,,
Link: Lithuanian government has exchanged around $7.6 million of seized cryptocurrencies   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 2 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 3 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 14 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 15 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 17 days ago

    • You need to login to comment.