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Look at the restrictions, though.

Potential bidders must have $200,000 USD Deposit sent to the U.S. Marshalls from a U.S. bank account by 9am June 16th (~2 business days from now).

That disqualifies a good 99.9999% of the world from being eligible to bid.



>> That disqualifies a good 99.9999% of the world from being eligible to bid.

Yes, however it doesn't disqualify a single person/party who actually has the capability (and interest) to purchase the minimum block of 3,000 btc (~$1.5M dollars).


They are in blocks of 3000. You obviously can't even bid if you don't have 200k.


The point isn't for Joe Shmoe to go buy them with his credit card.

There are people who know exactly how to buy seized goods from the government. They make money doing so. If you think they are making Too Much Money, then you can raise money from your friends and start competing with them.

It's very similar to buying distressed houses. You can make a killing there, or end up bankrupt. The market figures out the risk premiums on its own.




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