Finnish customs have not yet determined what to do with the cryptocurrency they have seized

The customs department of the Finnish Ministry of Finance has been considering how to handle the 1,666 bitcoins seized from drug dealers a few years ago. It is reported that Finnish customs do not want to auction confiscated bitcoins, as they may be returned to criminals. These bitcoins were worth less than 700,000 euros (about $ 760,000) when they were confiscated, and are currently worth close to 15 million euros (more than $ 15.5 million). According to reports, the agency originally planned to auction the funds in 2018, but eventually frozen the bitcoins on the grounds of "anti-money laundering." The report states that in addition to holding more than $ 15 million in bitcoin, Finnish customs also hold some altcoins worth millions of euros.