The bitcoin were sold at nearly double the current market valuation.
For the first time ever the Swedish Enforcement Authority has seized assets in bitcoin in order to settle a debt.
“There is a lot of bitcoin in circulation within organized crime. We have encountered this on many occasions but never been able to get into the digital wallets before,” Johannes Paulson, in charge of operations development at the Swedish Enforcement Authority, tells SvD Näringsliv.
A 0.6 bitcoin was seized from a company in western Sweden, currently corresponding to approximately SEK 23,000. It seems the Enforcement Authority made quite a bargain, however – the highest bidder in the auction was prepared to pay SEK 43,000, Di Digital reports.
Source/More: Swedish authorities just auctioned off seized bitcoin – and the state made a proper killing – Business Insider Nordic