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Finland has offloaded 1,900 BTC that was seized from drugs-related crimes.
The country had announced the plans earlier this year, and was seeking two crypto brokers to assist with the transaction.
Unfortunately, the delays have caused the value of this Bitcoin to fall rather substantially — with a final selling price of about $47 million.
Finland says that the cash is going to be donated to Ukraine, in what will become the biggest crypto-related contribution that the country has received.
The country had announced the plans earlier this year, and was seeking two crypto brokers to assist with the transaction.
Unfortunately, the delays have caused the value of this Bitcoin to fall rather substantially — with a final selling price of about $47 million.
Finland says that the cash is going to be donated to Ukraine, in what will become the biggest crypto-related contribution that the country has received.
https://coinmarketcap.com/alexandria/article/finland-sells-1-900-btc-and-says-47m-will-be-donated-to-ukraine
So this is for a good cause after all, they wanted to help Ukraine in it's war and I think majority of us didn't support the war.
There is also a good thread by @paxmao regarding donations- Donate to Ukraine.