Russia Takes Bold Step by Selling Seized Bitcoin to Treasury

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Coin-Turk 4 weeks ago 110

The Russian government has decided to transfer and sell seized Bitcoin (BTC ($96,724.73)) $95,160 to the treasury. This action seems inspired by practices in the United States. Recently, a court ruled that Bitcoin valued at 1 billion rubles (approximately 9.79 million dollars) would be transferred to the state treasury. The seized BTC is associated with Marat Tambiev, a former researcher accused of bribery.

Historic Cryptocurrency Bribery Case in Russia

The case of Marat Tambiev is recorded as one of the largest bribery scandals in Russian history. Tambiev admitted his guilt in 2023 and was sentenced to 16 years in prison.

Russia Cryptocurrency

The court revealed that Tambiev received nearly 10 million dollars in Bitcoin as a bribe from the notorious hacker group Infraud Organization. This amount is recorded as the largest <...>



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