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2019-10-02 00:33:51

UK authorities auctions off recovered EtherDelta crypto worth 294k

Over two hundred and ninety-four thousand dollars ($294,000) worth of EtherDelta crypto that was confiscated from a teenage hacker has been auctioned off by the British police. British police and the United Kingdom authorities recently carried out a one of its kind auction when the unit auctioned off Eastern Region Special Operations Unit (ERSOU) collaborated with the Wilsons Auctions for selling the cryptocurrencies, including BTC, XRP, and Ethereum. Martin Peters, Detective Chief Inspector stated that in this digital era, the process and storage of asset recovery have evolved. So, the process must be modernized, and that also requires working along