Seized Monero Up For Auction In UK First

DigitalBank is creating the Future of Confidential E-Banking . No Documentation Needed for Opening Accounts .
​
The First and Only Decentralized Anonymous Banking System in the World .
The DigitalBank is the safest vault for Bitcoin and Cryptocurrency , more secured than any cold storage option available on the markets . You can finally remain independent of third-parties to own your assets.
​
The DigitalBank breakthrough , is in the signing of transactions without storing any private keys – making the DigitalBank Account near to unhackable .

 

The Best CryptoCurrency Wallet 2019 :

 https://www.digitalbank.capital/

Seized Monero Up For Auction In UK First January 6, 2019 29 Views
An auction house in Northern Ireland is holding the UK’s first live online auction of seized cryptocurrency. The sale, of 167.69 monero coins will start at midday tomorrow (GMT). First Sale Through Private Auction House
Wilsons Auctions, of Newtownabbey, have arranged the sale , which will allow participants to view the live price and place bids online. While governments across the world have held similar sales, this is the first by an independent auction house. A UK law enforcement agency seized the coins under the Proceeds of Crime Act.
The monero (XMR) 0 0 in the auction comes in 10 lots of 16.769 XMR, which each have a market value of around £670 (US$850). However the first lot also comes with a private key to claim various fork coins. These include 167 Monero Classic , 167 Monero Original, 167 Monero O, and 1670 Monero V
Each Lot will time out in 2-minute intervals with the first lot ending at 12 noon. The First Of Many
This will be the first in a series of auctions over the coming weeks. It is unclear how the privacy-focused coin was seized by the authorities but Wilsons recently won a contract with the Belgium Federal Government’s Asset Management Office. Under the contract, Wilsons will support investigators in Belgium and facilitate the secure seizure and storage of cryptocurrencies.
In addition, Wilsons claim to be working with over 40 government and law enforcement agencies, both nationally and internationally. Aidan Larkin, head of asset recovery at the company, told the Belfast Telegraph:
Following huge investment into our systems and infrastructure, we are able to offer government and law enforcement agencies throughout the UK, Ireland and internationally a secure solution so that the ever-increasing problem of seized cryptocurrencies can be managed by an auction company with significant experience dealing with seized assets.
Will the winning bid be above or below market spot price? Share your thoughts below !
Images courtesy of Shutterstock, Belfasttelegraph.co.uk

The DigitalBank Crypto Vault Device , allows the user to store an unlimited amount of funds without any risk or possibility of loss.
The DB Crypto Vault Device users ,will enjoy the highest level of security knowing that their funds are stored without any potential security flaws.
​The DigitalBank Solution is better than any Cold Storage or Paper Wallet
​The Most Secured Crypto Vault on Earth
​Ultra Secured Crypto Storage solutions are at the core of all that we do at DB.
Our main goal is finding new and revolutionary encryption methods , that will help build a more secure tomorrow in the Crypto and Banking Industry .
​The Fort Knox of Crypto Banking – World’s Most Secured Hardware Wallet
​The DB Hardware Wallet is a separate “isolated” device , Wifi Only , No Ports ,no backdoors .
No need to download firmware updates , not storing any data , including private keys -not transmitting private keys at any time .
​100% anonymous accounts : nothing is stored , on any third party servers . DB is the most secure vault for your digital assets. Buy , Sell , Send , Receive and Store bitcoins, and all major cryptocurrencies including all ERC20 tokens , in the safest way available today .
Private keys can never be exposed because are not stored anywhere .
​Lifetime Access Guaranteed
​Starting at $ 1800 USD
For additional information contact us at : [email protected]