The USA Federal authorities required the confiscation of 500 BTC

The USA Federal authorities required the confiscation of 500 BTC

Federal prosecutors the United States require the confiscation of more than 500 bitcoins (BTC) (the value of which at the current exchange rate is approximately 5.5 million U.S. dollars) seized during investigations into the activities of groups of persons who have engaged in forgery.

A Federal Grand jury has charged four residents of Ohio in manufacturing and selling fake driver’s licenses and identity cards from different States.

Along with BTC, the prosecutors also asked to confiscate more than $ 8,000 in cash and gold and silver coins and bars, which cost about 265.000 USD. If the prosecution can win the case, then BTC along with the other listed assets will be confiscated by the government.

All previously confiscated BTC the US government is usually implemented through special auctions. Only in January of this year, the US marshals service auction of bitcoins 3813.

But the biggest amount of BTC ever implemented by the U.S. government auction is 144.336 BTC, it was confiscated as a result of operation by the closure of the largest darknet marketplace Silk Road. The US government managed to gain for her, about 48 million U.S. dollars, an average of 334 USD per bitcoin. If all these BTC have been sold today, the total cost would be $ 1.5 billion.

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