Feds Sell Seized Bitcoin From 2018 for $19 Million
The U.S. has sold about 500 bitcoins seized back in 2018 for about $19.2 million. This was reportedly the largest net forfeiture in the Northern District of Ohio’s history.
Federal authorities in the U.S. state of Ohio have sold bitcoins seized back in 2018 in a fraud case.
The seized bitcoins were sold for nearly $19.23 million, Acting U.S. Attorney Bridget M. Brennan announced Thursday. The coins seized during the investigation were initially valued at approximately $2.88 million. This was reportedly the largest net forfeiture in the Northern District of Ohio’s history. The authorities did not say how and where the coins were sold.