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The U.s. Government's Bitcoin Bonanza: How, Where And When To Sell?


Ron Burgundy
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File photo of signs on window advertise bitcoin ATM machine in VancouverBy Emily Flitter NEW YORK (Reuters) - U.S. prosecutors in Manhattan are sitting on a multimillion-dollar bitcoin gold mine. Federal authorities hauled in 29,655 units of the digital currency - worth $27 million at current exchange rates - through an official forfeiture by Bitcoin this week. The bitcoins had belonged to Silk Road, an anonymous online black market that authorities say was a conduit for purchases of drugs and computer hacking services - even a place where assassins may have advertised. No one stepped forward to claim these bitcoins, which were found in electronic "wallets" used to store the digital currency.




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