The US government is offering 2,000 of the seized Bitquin at an auction

The US Marshal is planning to sell digital assets seized in federal crimes. There are approximately 2,170 Pitcuene coins valued at over $ 24 million to be auctioned. With the value of the Betcuean likely to increase continuously, this may be a lucrative opportunity for investors on the margin to make insurance purchases.

Sell ​​Pitcoin to its highest price
The US Marshal Service announced that it will offer an auction of nearly 2,170 US $ 24 million worth of biotech coins, seized by federal crimes this month. The majority of listed crimes are related to administrative confiscation of the Department for Disarmament Affairs, which consists of drug-related offenses. Betquin coins will be divided into 14 blocks consisting of 70, 100 or 500 units. To participate in the auction, individuals are required to deposit $ 200,000 and complete all required registration forms by 14 March. The successful bidders will also be notified by 19 March, but the circular states that "the complexity of the review process" may lead to delays.

Not accepting the governor involved in any prohibited acts
With regard to the current non-replacement of the Betcoin, the terms of sale mean that the receiving address submitted will be carefully examined to ensure that it is not in contact with malicious activity. The US Marshall Service will not transfer the Bitquin to any public address that appears to have been implicated in any of the prohibited acts or public address that appears to be in a country controlled by OFAC or any address linked to terrorism or other criminal or anti-US activities.

It is also stated that the buyer will have to pay the transfer fees associated with the purchase. Given that the conversion fees for the Betquin have dropped significantly in the past few weeks, this should not cause much trouble.

Continued liquidation of accounts in relation to digital currencies
This was not the first time that the US government publicly auctioned stolen petunas from federal issues. Earlier this year, nearly 3,813 Pitcines were sold by auction and purchased by five bidders. In 2014 and 2015, the government auctioned Betquin seized by Silk Road, a black market on the Internet.

During the auction, the head investor and fund sponsor Tim Draper bought 29,655,000 Pitcairn coins for just about $ 19 million. Today, the value of the Betquin he has bought is estimated at more than $ 320 million - not bad for investment in two to three years. Given the regulatory process of participation and return on investment from the previous auction, it will not be surprising that many high net worth individuals are pouring in to take advantage of this opportunity.