The U.S. government has a massive, secret stockpile of bitcoin — Here's what happens to it

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The U.S. government has a massive, secret stockpile of bitcoin — Here's what happens to it.

, will help the government store and liquidate this digital property. The contract was previously awarded to BitGo.

The process of auctioning off crypto, in blocks, at fair market value, likely won't change, according to Koopman. But other than spacing out sales, Koopman said, trying to "time" the market to sell at peak crypto prices isn't his objective. "We don't try to play the market," he said.worth of bitcoin linked to Silk Road. Because the case is still pending, those bitcoins are sitting idle in a crypto wallet.

 

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Designed to evade law enforcement. Fucking lies, as usual.

Would be interesting to see how big the crypto stash from these seizures compares to the size of other seized assets, if for no other reason than to dispel the stigma that crypto is THE MAJOR money laundering tool. Is seized jewelry, or cars bigger?

i wonder if this is why their stocks been going up for years.

olvelez007 interesting

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Ha,no wonder!

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And we will know when they move it!

In

And now they don't know what to do about it, because sooner or later people will start asking questions. It's like hiding coins from your wife on the exchange and suddenly you receive an alert from Bitfinex.

Bitcoin where is the tax collection of cryptocurrency

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