World Crypto Global
UK Government Considers Utilizing Seized Bitcoin to Address Budget Deficit
The UK government is contemplating the sale of approximately £5 billion worth of Bitcoin, seized from criminal activities, to mitigate a £22 billion public finance shortfall. The cryptocurrency was confiscated from Jian Wen, who was involved in laundering proceeds from a £7 billion fraud scheme. Initially valued at £1.4 billion, the seized Bitcoin’s worth has … Continue reading UK Government Considers Utilizing Seized Bitcoin to Address Budget Deficit
