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by sofixa 974 days ago
According to a bivol.bg (reliable investigative news), the bitcoins were sold at a private auction with the help of Deloitte and the (real) FBI in December 2017, bringing 6 billion BGN (~3 billion EUR). Apparently at a cabinet meeting the money was earmarked for procuring new fighter aircraft (the current ones are obsolete and very poorly maintained).

There was an acquisition of F-16s in 2022 for $1.3 billion, which still leaves 1.5 billion EUR from the seized money.

https://bivol.bg/bg-bitcoin-deal.html

3 comments

It's wild to think in a way they bought fighter jets with bitcoins.
That they bought fighter jets with crime, that bought bitcoins. I wonder what the money loops of corruption look like?
Thank you so much! Nice to have closure haha.
Man, should’ve waited a bit. They’d get a lot more bang for buck so to say.