Prosecution sells confiscated bitcoins for 1st time, making huge profit Posted : 2021-04-02 16:00 By Yi Whan-woo The prosecution recently sold bitcoins seized from a man convicted of running a major pornography website. It made 45 times more profit than the currency was initially worth four years ago, when the man was arrested. This is the first time that a stash of digital coins linked to criminal activities was sold by authorities after being forfeited and left in cold storage. The Suwon District Prosecutors' Office said this week it had sold 191 bitcoins seized from a man identified only by his surname Ahn. The coins were collectively worth 270 million won in spring 2017 when they were seized, and were sold for 12.29 billion won ($10.9 million) on March 25.