United Kingdom will auction seized cryptocurrencies

A company from Northern Ireland will be responsible for carrying out the retail live and live and directly through a platform

This week, a company from Northern Ireland announced that it will hold the first auction of cryptocurrencies in the United Kingdom, with funds from a seizure.

Those responsible for carrying out the retail will be the company Wilsons Auctions, of the province of Newtwonabbey. Those interested can access a platform where you will see the price live, as well as bid for digital currencies.

The seizure of the funds was given thanks to the application of the Crime Revenue Act. In the procedure, the authorities took 10 batches of 16 thousand 769 XMR, equivalent to 850 dollars.

The auction will be the first in a series of cryptocurrency sales that Wilsons Auctions will carry out in the coming weeks after winning a contract with the Asset Management Office of the Federal Government of Belgium to facilitate the storage and sale of the seized cryptocurrencies.

The head of recovery of assets of the company, Aidan Larkin, explained that he is working with at least 40 government agencies and police both nationally and internationally.

“After a large investment in our systems and infrastructure, we can offer government and law enforcement agencies across the UK, Ireland and internationally a secure solution so that the growing problem of seized cryptocurrencies can be managed by a company. auctions. With significant experience in the management of seized assets”, said Larkin.

K. Tovar

Source: Criptomonedaseico

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