France to auction 611 BTC seized from GateHub attackers

The auction will be held on March 17 and the funds will be divided into a total of 437 lots

An agency of the French government will carry out this week the auction of about 611 BTC, which were seized in 2019 after having carried out investigations related to the hack of the GateHub exchange platform, based in London.

According to local sources, the auction will be held on March 17, the funds will be divided into a total of 437 lots and the event will be carried out by the Kapandji Morhange company.

This company will be in charge of marketing the funds on behalf of the French Agency for the Recovery and Management of Seized and Confiscated Assets, better known as AGRASC by its French acronym.

According to what was announced on the Kapandji Morhange website, the auction will have the participation of those users who have formalized their registration before March 13 and they must comply with the established requirements in order to offer their best offers for the assets in custody.

It is expected that at the time of publishing the assets have a price equivalent to 66,382 per unit, and it is estimated that the 611 BTC auctioned have an estimated value of 34.4 million dollars.

K. Villarroel

Source: diariobitcoin

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