The UK government is considering selling £5.2 billion worth of #Bitcoin seized from organized criminals to address a £22 billion public finance deficit. 💰🚨
The BTC was confiscated from Jian Wen, linked to a crypto fraud scheme, marking the largest cryptocurrency seizure in UK history. Former Chancellor Lord Lamont has urged swift action to sell the Bitcoin, benefiting government finances while avoiding the risk of legitimizing cryptocurrency.
Do you think this will impact Bitcoin’s price? 🤔📉