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by viraptor 4531 days ago
> approximately $25 million worth of Bitcoin will be auctioned off soon

At least they won't sell it via usual exchanges in one go. That would make quite a mess... (bringing price down to ~0 for a while before everything rebalances)

1 comments

Maybe that's exactly what they want to do to this rogue currency...
They might want to, but I think it is illegal to. They have to auction it just like all other siezed assets.
Does that mean if they seized foreign currency, it would also need to be auctioned off?