• Bitcoin seized by Bulgaria's government now worth $3 billion

    One year ago - By Venture Beat

    We may have a winner in this year's game of Bitcoin Lotto. It seems a stash of Bitcoin that Bulgarian investigators took from some crooks back in the spring is now worth $3 billion.
    Billion, with a “B.”
    That calculation was made by CoinDesk today. The cryptocurrency news site noted that officials seized back in May what seemed like a pretty decent haul: About 200,000 Bitcoin then worth about $500 million. Investigators busted a ring of nefarious do-badders who were conspiring with customs officials throughout southeast Europe to fake customs documents to avoid taxes.
    The criminals were...
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