Lithuanian tax service’s first confiscated crypto sale nets $7.6M

Cointelegraph

Published Nov 24, 2020 09:16AM ET

Updated Nov 24, 2020 11:00AM ET

The Lithuanian government has reportedly sold a batch of cryptocurrency seized by local enforcement agencies.

The State Tax Inspectorate, or STI, the country’s tax authority, sold confiscated crypto assets worth 6.4 million euro ($7.6 million) and subsequently added the funds to the state budget.

Continue Reading on Coin Telegraph