RATE Group | Wilson auctions off £500,000 of bitcoin seized from UK criminal
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Wilson auctions off £500,000 of bitcoin seized from UK criminal

Wilson auctions off £500,000 of bitcoin seized from UK criminal

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WILSONS Auctions have auctioned off around £500,000 worth of various crypto currencies – the first instruction by a UK police force for the sale of a criminal’s seized bitcoin.

The two-day auction, which attracted global interest, included a range of crypto currency including bitcoin, ethereum, ripple and more, sold online.

A further 15 lots of bitcoin were then included in the unreserved government auction available to both online and physical bidders and which included a number of high-value items from luxury watches and jewellery to designer goods and cars.

A leading advisory service for worldwide law enforcement agencies, Wilsons Auctions was managing the auction of the seized crypto currency on behalf of the Eastern Region Special Operations Unit (ERSOU), having been seized from a criminal who illegally supplied online personal data and hacking services in exchange for thousands of pounds worth of crypto currency.

Wilsons made history last March,…

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