{"id":32282,"date":"2020-11-24T15:05:45","date_gmt":"2020-11-24T13:05:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32282"},"modified":"2025-08-28T07:54:14","modified_gmt":"2025-08-28T04:54:14","slug":"lithuanias-tax-authority-sells-confiscated-cryptocurrency-for-e6-4-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/lithuanias-tax-authority-sells-confiscated-cryptocurrency-for-e6-4-million\/","title":{"rendered":"Lithuania\u2019s tax authority sells confiscated cryptocurrency for \u20ac6.4 million"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">The Lithuanian State Tax Authority has for the first time sold confiscated cryptocurrency for \u20ac6.4 million. The local publication <\/span><a href=\\\"https:\/\/rus.delfi.lv\/biznes\/bnews\/litovskaya-nalogovaya-inspekciya-prodala-konfiskovannuyu-kriptovalyutu-za-6-4-mln-evro.d?id=52690085\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\"><span style=\\\"font-weight: 400;\\\">Delfi<\/span><\/a><span style=\\\"font-weight: 400;\\\"> reports, citing the agency.\u00a0<\/span><!--more--><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">Among the confiscated assets are Bitcoin, Ethereum and Monero. The proceeds from their sale were directed to the state budget.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">The exchange of cryptocurrencies for euros took almost a day, the tax authority said.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">In October, it was announced that in Romania, <a href=\"https:\/\/forklog.com\/en\/news\/romania-to-auction-off-seized-bitcoin-and-ethereum\">will be put up for auction<\/a><span style=\\\"font-weight: 400;\\\"> bitcoins and Ethereum, confiscated in connection with a fraud case.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">In November, the analytics company Chainalysis <\/span><a href=\"https:\/\/forklog.com\/en\/news\/chainalysis-launches-program-to-sell-seized-bitcoins\"><span style=\\\"font-weight: 400;\\\">stated<\/span><\/a><span style=\\\"font-weight: 400;\\\"> that it is launching a program to help government agencies store and sell confiscated cryptocurrency.<\/span><\/p>\n<p>\\n<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Lithuanian State Tax Authority has for the first time sold confiscated cryptocurrency for \u20ac6.4 million. Delfi reports citing the agency.<\/p>\n","protected":false},"author":1,"featured_media":32283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1476,1172],"class_list":["post-32282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-lithuania","tag-seized-bitcoins"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=32282"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32282\/revisions"}],"predecessor-version":[{"id":32284,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32282\/revisions\/32284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/32283"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=32282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=32282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=32282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}