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Russia begins liquidating seized Bitcoins from bribery-convicted official

The Russian government is selling a portion of the 1,032 Bitcoins seized from former investigator Marat Tambiev, who was convicted of taking bribes from the Infraud Organization. Tambiev received BTC to avoid asset seizure by authorities, leading to his 16-year jail sentence. Legal challenges are arising as the Bitcoins were divided into smaller amounts.

Authorities seized both Bitcoins and real estate linked to Tambiev, acting on a court order. They have received permission to sell USD 10 million worth of BTC, with plans to liquidate more assets. Legal issues complicate the liquidation process due to the division of Bitcoins into smaller portions, requiring multiple court rulings.

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