Feds To Auction Off $25 Million In Bitcoins

The federal government is set to auction an estimated $25 million in bitcoins that were seized in criminal activities, Bloomberg reported Monday.

The bitcoins were “forfeited in various federal criminal, civil and administrative cases.” Most of the bitcoins to be auctioned were seized in cases from the Drug Enforcement Administration.

Read more at The Hill.

{Matzav.com}