After confiscating a quantity of bitcoin and ethereum in fraud cases, the Romanian government decided to put these digital currencies up for auction to sell.

Where anyone will be able to participate in the online auction.

agency announcedthe ProphetThe government agency responsible for managing confiscated assets in Romania, said it will launch an auction of some bitcoin and ethereum that were confiscated in a fraud case.

The confiscated cryptocurrencies will be sold by auction in accordance with the decision of the Ploesti court.

The prerequisites for participating in the auction were announced on the official website of ANABI, and among the announced conditions are the following:

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• Buyers of Bitcoin and Ethereum auctioned are subject to certain obligations by official institutions.
• The person who purchased Bitcoin and Ethereum at the auction must inform ANABI about the platform and the address to which the coins will be transferred.
• The platform for the transfer of Bitcoin and Ethereum that purchased Bitcoin and Ethereum must be owned by a legal entity legally recognized in Romania and operating in accordance with the standards.
• The platform to which the cryptocurrency will be transferred must have a “know your customer” procedure in accordance with local and international standards.

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