Finnish Authorities Expected to Donate Seized Bitcoin to War-Torn Ukraine

The Finnish government has agreed on additional aid to Ukraine in the form of Bitcoin seized in criminal investigations related to doping and drug trafficking, according to a report from local media outlet Helsingin Sanomat.

1,981 Bitcoin, or $78.5 million at current prices, was earlier confiscated by Finland’s customs authorities, with the court ordering to hand it over to the state.

While the exact amount which the Nordic country is planning to send to Ukraine’s relief effort is yet to be decided, government sources said that a political decision to donate a “significant part” of that stash had already been made.!