On January 10, according to Cryptonews, Russia has begun selling the bitcoins seized during the 2023 investigation into the Infraud hacker organization. This move indicates Moscow's intention to convert over 1,000 bitcoins into fiat currency. The official Russian news agency TASS confirmed this development, stating that Moscow will first sell bitcoins worth nearly $10 million confiscated from former Russian Investigative Committee investigator Marat Tambiev. Last year, Tambiev was convicted of accepting bribes from the hacker organization. Prosecutors found hundreds of bitcoins on his computer and storage devices. The former investigator was convicted of receiving 1,032.1 bitcoins from the organization and was sentenced to 16 years in prison. However, the bailiffs' efforts to liquidate all 1,032.1 bitcoins have become complicated due to legal hurdles. Tambiev appears to have divided these bitcoins into several smaller amounts. This means the bailiffs must submit separate court rulings to allow Moscow to access these bitcoins. Nevertheless, the bailiffs have successfully persuaded the court to allow them to sell the first batch of bitcoins. They stated that Tambiev stored these bitcoins in a Ledger Nano X hardware wallet.

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