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Bitcoins Seized by Bulgarian Police from an 'Organised Crime Gang' Would Now Pay Off a Fifth of the Country's National Debt
By Scott Campbell Daily Mail, London Saturday, December 9, 2017
Bulgarian police have seized enough bitcoins to pay off a fifth of the country's national debt after the value surged by 600 percent in half a year.
Officers are said to have confiscated hundreds of thousands of units of the virtual currency worth $500 million from an organised crime gang in May.
But the surging value of bitcoin means that the haul of 213,519 is now worth a staggering $3.3 billion. That is enough to pay off almost a quarter of Bulgaria's national debt, although it is not known what the authorities have done with the currency. ...
... For the remainder of the report:
http://www.dailymail.co.uk/news/article-51632...coins-pay-FI...
