With the announcement that the USA seized $ 1 billion in Bitcoin, eyes turned to the Bitcoins seized by the USA.
The US has been running numerous anti-Bitcoin operations that have been involved in criminal activities almost every year since 2013. The amount of Bitcoin seized by the federal government until today was at least 185 thousand 230 according to calculations. Today, with the seizure of about 70 thousand BTC, this number has exceeded 250 thousand.
What will happen to the bitcoins captured?
The government usually sells these BTCs through auctions. Tenders have been regularly held since 2014. The first of these was held in June 2014 and the famous investor Tim Draper won this tender and received a small amount of 29 thousand 657 BTC, which is 18 million 740 thousand dollars compared to today. The value of 29,657 BTC is over $ 450 million at current prices.
After the first tender, 7 more different tenders were held in 2014, 2015, 2016, 2018 and 2020. The largest tenders were held in 2014 and 2015.
The last auction was held on February 1, 2020. In this auction organized by US Marshals, 4040 BTC was sold for $ 38 million.
The USA has a loss of 2 billion 650 million dollars!
More than 185,000 BTC were sold for a total of $ 151 million in the auctions held. The current value of BTCs sold exceeds 2 billion 807 million dollars. Therefore, it can be said that the USA is from a net profit of 2 billion 656 million dollars.
