Sometime back, I got a Bitcoin expert in Malaysia to tell us a bit more about Bitcoin. Read here:Expert Series: Bitcoin questions answered by Suraya (ringgitohringgit.com) Right after that, bitcoin prices has been going on an uptrend. Of course, the uptrend has nothing to do with the interview. 🙂 The latest price as per google is as per image. 1 Bitcoin is worth US$2,534.78 (RM10,840). The South Korean government would be auctioning off a total of 216 bitcoins that it confiscated during a 2016 criminal investigation. (Yes, it’s way back in 2016). The value of the 216 bitcoins? Over US$500 million, as per latest bitcoin price. What did the individual do which caused him to be arrested? He was operating an obscenity website. According to the article, this will be the first time that a country’s government will be auctioning off a load of bitcoins. Here’s the full article in coindesk.com: South Korean government to auction US$540k in Bitcoin.
