The Bulgarian Government Is Sitting on $3 Billion in Bitcoin

“A crackdown on organized crime by Bulgarian law enforcement in May resulted in the seizure of more than 200,000 bitcoins – an amount worth more than $3 billion at today’s prices.  Twenty-three Bulgarian nationals were arrested during the operation, and officials said at the time that the arrests and subsequent asset seizures followed an investigation into an alleged customs fraud scam.  In all, the alleged perpetrators avoided paying some 10 million leva (Bulgaria’s national currency), worth roughly $6 million.”

Read more: https://www.coindesk.com/bulgarian-government-sitting-3-billion-bitcoin/

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