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adwf
on June 12, 2014
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For Sale: 29,656.51306529 Bitcoins
I imagine it's just official government procedure. ie. You seized an asset, this is how you sell assets, therefore this is how you sell bitcoins.
slewis
on June 12, 2014
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Does the government sell seized USD?
saraid216
on June 12, 2014
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The official stance of the US Government, at least the IRS, is that Bitcoin is property, not currency. Therefore what they seized was not currency, but property, and the correct procedure for property is to sell it by auction.
Glyptodon
on June 13, 2014
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If they seize stocks do they sell them at auction rather than on the open market?
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