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They bought Bitcoins (BTC) in ... the Tax Office in Gliwice
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They bought Bitcoins (BTC) in ... the Tax Office in Gliwice

created Michał Sielski8 March 2023

Where can you buy cryptocurrencies? On the cryptocurrency exchange, exchange tokens with another network user or in the so-called bitomats. However, these are not all the possibilities. You can also take part in an auction organized by Tax Administration Chamber. 16 people showed up at the last BTC auction in Gliwice. Emotions spread to the participants of the auction, because its winner paid more than the market price BTC.

Such an auction in Poland is rare, but it was not the first BTC auction in Poland. This time it was organized by the Silesian Chamber of Tax Administration in Gliwice. There was 0,12728813 BTC for sale, and the auction took place at the headquarters of the First Tax Office in Gliwice.

– We treat Bitcoins as movable property and we cash it as movable property - informs Michał Kasprzak, spokesman for the Tax Administration Chamber in Katowice.

Bitcoin (BTC) starting price: 75% of value

The tax office estimated the value of the BTC wallet at PLN 12. PLN 703 - based on the stock valuation of the cryptocurrency on the day of the auction announcement. However, according to the regulations, the starting price had to be lower and was set at 75% of the value. So the starting price was 9. PLN 257,30.

Each bidder had to pay a deposit of 10% of the value of the auction item, i.e. PLN 1. PLN 270,30. This also directly results from the regulations on bidding on items with a value exceeding 10. zloty.

Bitcoin sale price: above market value

It turned out that 14 people showed up at the auction and paid the legally required bid bond. There were 2 more people, but they did not pay the bid bond on time - that is, at least one day before the start of the auction.

14 people certainly suffered from the emotions associated with the competition, because the winner paid 13. zloty. This is not only more than the treasury assumed, valuing the previously acquired cryptocurrencies on the day of the auction announcement, but also slightly more than you would have to pay on cryptocurrency exchanges on the day of purchase. So it seems that the winner of the auction has decided that since he has already taken his time to apply, pay the deposit and pay a personal visit, he will not leave empty-handed.

The prosecutor's office seized cryptocurrencies, but will not say how

But where did the treasury get the cryptocurrencies?

– The auction was organized on behalf of the District Prosecutor's Office in Gliwice. The bitcoins we sold during the auction were previously secured by the prosecutor's office – Michał Kasprzak, spokesman for the Tax Administration Chamber in Katowice, informs laconically.

Unfortunately, neither the prosecutor's office nor the Tax Administration Chamber provide the exact source of the cryptocurrency put up for auction. It is not difficult to guess, however, that it comes from assets secured by the detained criminal. However, we do not know what he was doing, whether there are other cryptocurrency wallets in the possession of the prosecutor's office, and whether and, if so, when they will be put up for sale.

How to take over cryptocurrencies?

Now the only thing left to the winner of the auction is to collect the keys to the public wallet. The lucky buyer will receive the key to the public wallet on which the cryptocurrencies purchased by him are located immediately after he pays the auctioned amount in full.

The key will be handed over to the headquarters of the District Prosecutor's Office in Gliwice at 16 Dubois Street in the presence of a tax office employee and a prosecutor.

So it must be admitted that hardly anyone has the opportunity to buy a cryptocurrency in such a setting and pick up the keys to a wallet with a public address "39bAQ2veaXbiT63zhocMdxCij5DzGFLERh" with this pump.

The most famous auction in the history of BTC, of ​​course, took place in the USA after the services seized the funds of the platform SilkRoad from the Dark Web. Well-known investor Tim Draper won the auction in June 2014 and bought as much as 30 BTC at one time.

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About the Author
Michał Sielski
Professional journalist for over 20 years. He worked, among others, in Gazeta Wyborcza, recently associated with the largest regional portal - Trojmiasto.pl. He has been present on the financial market for 18 years, he started on the Warsaw Stock Exchange when the shares of PKN Orlen and TP SA were just being introduced to the market. Recently, his investment focus has been exclusively on the Forex market. Privately, he is a parachutist, a lover of Polish mountains and a Polish karate champion.