The Wilsons Auctions Independent Auction House will sell cryptocurrency for 300,000 pounds of sterling, seized by the Belgian government in the case of illicit drug trafficking through darket.

24-hour online auction will begin at noon on February 28. In a statement

Wilsons states that bitcoins without reservation will be sold to lots from 0.5 BTC to 4 BTC each. The list of assets for sale includes 104.99 BTC, BCH and BTG. Lots for BCH and BTG will contain a greater number of coins.

Wilsons, who won the Belgian government's contract for auction, also noted that the total value of the cryptocurrency sold is fluent in about 300,000 pounds of sterling (~ $ 390,000).

As part of the transaction, auction house and consulting company will promote the storage and sale of arrested cryptocurrency assets managed by the Federal Government of Belgium. Aidan Larkin, Head of Asset Returns Department in Wilsons, said:

Larkin added: "This contract allows us to expand our proposal for cryptocurrency and eliminate the risks that may be related to trade on unregulated virtual currency exchanges." In addition, Wilsons will sell a small amount of BTC during its government auction without a reserve, which will be held in Belfast on the same day.

In 2017, the Belgian police reported that he seized about 1050 BTC from drug dealers. However, the elimination of confiscated cryptocurrency assets demanded that the country first introduced laws regulating them, as in the case of the traditional financial industry. However, this happened only recently, which marked the beginning of the auctions of Wilsons.

Wilsons Auction, founded in 1936, claims the title of the largest auction company in the United Kingdom and Ireland. It offers a wide range of services from collecting, storing, assessing, marketing, restoration, auction and selling any asset from cars and commercial goods to real estate and cryptocurrency. In early January, the company also implemented

Sale through auction 167.69 MONERO coins (XMR), which the Great Britain law enforcement agencies were seized in accordance with the law on income from crime.

Last year, the US federal marshal service sold at a bitcoins auction for $ 4.3 million. The auction was held a few months after the US federal marshals sold more than 2,100 bitcoins and 3,800 bitcoins in March and January, respectively. The total amount of assets sold amounted to more than $ 50 million at the rate at the time of sale.