French Government to Auction Seized Bitcoin Worth $34.5 Million
Next week, the French government will auction off 611 Bitcoin seized during the investigation of the 2019 GateHub hack.
In brief
Next week, some $34.5 million worth of Bitcoin will go on sale in France.
The vast majority of the cryptocurrency was seized during the investigation of the 2019 GateHub hack.
The French government will auction Bitcoin worth $34.5 million seized from the alleged hackers of GateHub, a UK-based platform built on the XRP Ledger protocol.
According to a recent report by
Cyberguerre, the auction will be conducted on behalf of the French Agency for the Management and Recovery of Seized and Confiscated Assets (AGRASC) by Paris-based auction house Kapandji Morhange on March 17.