Bitcoins Worth $4.2M Going on Sale in US Government Auction

The US federal government will hold next month a blind sealed first-price online auction for 660 Bitcoins, whose total value comes at around $4.2 million as per the Bitcoin (BTC) price on Friday morning UTC. The US Marshals Services (USMS), a law enforcement agency within the justice department, will offer coins seized in more than 30 criminal, civil, and administrative cases, a public notice revealed on Friday.

Sources of the Bitcoins include convicted Arizona BTC trader Thomas Mario Costanzo and the case against Theresa Tet…

This article appeared first on Cryptovest

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