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Tender auction of confiscated bitcoins in the United States

Tender auction of confiscated bitcoins in the United States

 Where did these bitcoins come from? According to the agency, they were confiscated from criminal, civil and administrative cases, including the sensational case of Teresa Tetley and Thomas Costanzo.

US Government Bitcoin Auction Details and Rules

 The auction will be held on November 5th. In order to take part in the auction, participants must submit an application no later than October 31 and deposit $ 200,000.

 It will pass in 2 stages:

  • first, 6 sets of 100 BTC each will be bidded;
  • secondly, 60BTC will be bidded.

 It is worth noting that this is not the first Bitcoin auction held in the United States. Previously, they played 3800 and 2100 BTC.

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