Cryptocurrency News Today: UK police just sold criminally-seized Bitcoin for above market rates

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Cryptocurrency News Today: UK police just sold criminally-seized Bitcoin for above market rates

UK police raised £300,000 ($369,000) through the auction of criminally-seized Bitcoin BTC and other Cryptocurrency this week, achieving over market value.

The sales, a first for UK police, occurred across two unreserved auctions that were finalized on September 26 via Irish firm Wilsons Auctions.

In total, 62 lots of Cryptocurrency were sold, which included Bitcoin, Ethereum, Ripple, and Bitcoin Satoshi Vision.

Data shared with Hard Fork reports Wilsons Auctions fielded 7,500 bids from across the world, including Brazil, Australia, Dubai, Canada, Singapore, and the USA.

On average, 1 BTC sold for £6,798.80 ($8,365), 0.5 BTC for £3,443.68 ($4,236), and 0.25 BTC for £1,972.74 ($2,426). The current price of Bitcoin is £6,512 ($8,012).

Unfortunately, data for the other cryptocurrencies sold was unavailable at the time, but we’ll update this piece with more information as it’s shared.

Wilsons Auctions also originally reported that £500,000 ($662,000) worth of Cryptocurrency was to be put up for auction, which we’ve sought to clar

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