#CryptoScamSurge 🇬🇧 The United Kingdom prepares to sell bitcoins worth billions of pounds

🏷 The UK Home Office begins a large-scale sale of confiscated BTC, with a total value estimated at over £5.3 billion (about $7.2 billion).

📊 The main volume consists of 61,000 BTC seized back in 2018 as part of a case involving a Chinese investment scheme. These assets are now being prepared for sale through a centralized platform that the Home Office is developing for the secure storage and realization of digital assets.

💰 The sales contract could earn the contractor up to £40 million in commissions, while the proceeds from the sale are typically shared between the government and police structures — following attempts to compensate the victims for their losses.

⚖️ Despite legal nuances and potential claims from victims, in the context of a budget deficit, the authorities view the sale of BTC as a real source of income without raising taxes. The Treasury is closely monitoring the situation.