aria missed out on potential profits of over US$18.2 billion after selling all their seized Bitcoin holdings ($BTC ) of 213,519 in 2017, which were then valued at US$2,354 per coin.
At that time, the Bulgarian authorities arrested a group of organized crime hackers involved in customs fraud. The Southeast European Law Enforcement Center (SELEC) seized 213,519 Bitcoins worth US$500 million.
The group of hackers was suspected of using computer viruses to infiltrate the Bulgarian customs system, allowing them to import goods without paying the required duties. They chose Bitcoin because it was considered difficult to trace.
Therefore, now after selling all of those Bitcoins, Bulgaria has not left a single coin since that time. According to BitcoinTreasuries, Bulgaria's Bitcoin amounts to zero.
As is known, Bitcoin is now priced at US$88,000 or up 0.52% in the last 24 hours, according to CoinMarketCap, Tuesday (27/01). #CryptoAcademyNews
Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).
Source: Crypto Academy
