Bitcoin Confiscation from Tambiev: Transfer to State Revenue

user avatar

by Giorgi Kostiuk

2 years ago

Russian bailiffs have initiated the transfer of over 1 billion rubles worth of Bitcoin seized from former investigator Marat Tambiev into state revenue.

The Seizure of 1032.1 BTC

In 2023, the Nikulinsky Court ordered the confiscation of 1032.1 BTC, deemed acquired through unconfirmed sources of income. This seizure has led to the transfer of the Bitcoin into Russia’s treasury, starting with the conversion into over 1 billion rubles.

Time and again, he rejected all allegations during the trial, denied cooperation with the authorities, and refused to admit guilt.

Legal Hurdles in Selling Seized Assets

The conversion of the seized Bitcoin into rubles faced several challenges. Tambiev had divided the Bitcoin into smaller amounts, necessitating multiple court requests to access and sell all the coins. In addition to Bitcoin, Tambiev’s assets, including real estate and a motorcycle, are also under review for liquidation.

Government's Determination to Reclaim Assets

Despite these challenges, the Russian government is determined to reclaim the stolen assets and ensure they are funneled back into the state's revenue.

The process of returning illegally obtained assets to the state treasury continues to be complex, but the authorities are determined to see it through.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Richard Heart Detained in Istanbul Linked to Finnish Tax Investigation

Richard Heart, founder of HEX and PulseChain, has been detained by Turkish authorities in connection with a Finnish tax investigation.

user avatarJacob Williams

TD Cowen Increases Strive's Share Price Target Amid Bitcoin Holdings Surge

TD Cowen analysts raised Strive's share price target from 44 to 56 due to significant expansion of Bitcoin holdings to 35,595 BTC, noted in a research update on October 16.

user avatarZainab Kamara

Tether Invests in AI Infrastructure Startup AIsa

Tether has invested in AI infrastructure startup AIsa, contributing to its total funding of over $9 million to support autonomous AI applications.

user avatarSon Min-ho

Taiwan Restricts Access to Coinbase and Kalshi Ahead of Elections

Taiwanese authorities have restricted access to Coinbase and Kalshi websites due to concerns over election betting.

user avatarTando Nkube

Strategy Proposes Daily Dividends for STRC Preferred Stock

Strategy has conditionally declared daily dividends for its STRC preferred stock for November 2026, pending shareholder approval.

user avatarKofi Adjeman

Ripple Prime Expands Institutional Trading with New Derivatives Access

Ripple Prime introduces access to perpetual derivatives referencing traditional assets for eligible institutional clients.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.