The Gug Letter

The Gug Letter

US Marshalls auctioned a lot of Bitcoin

By accident or by design?

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Joe Guglielmucci
Feb 03, 2021
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In Today’s Walk Around the Block,

US Bitcoin auctions are dissected.

US authorities have seized 185,000 BTC through criminal investigations between 2014 and now, including an auction for 4,000 BTC.

As it turns out, it’s probable they’ve sold Bitcoins for just $818 each, on average.

If the US government simply held to $10,000 (3 years to 2017), that would ha…

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