The U.S. government is eyeing the potential arrogation of five hundred bitcoin taken from four people charged with making faux identification documents.
According to an associate announcement from the Department of Justice in Ohio, the four people - 3 from Toledo and one from Perrysburg - allegedly created and transferred faux documents like drivers' licenses and private identification cards supposedly from the states of Ohio, Michigan and UT.
The indictment indicates the four lacy yield of five hundred bitcoin over an amount of nearly 5 years of Gregorian calendar month 2013 to February 2018. The cryptocurrency total is presently valued nearly $5.5 million consistent with CoinDesk's Bit Coin index number.
If the defendant area unit ordered to forfeit the bitcoin, as requested by the prosecutors within the case, the U.S. government is going to be ready to add them to its existing pool of bitcoin taken from criminals in recent years. The funds are a unit probably to eventually be auctioned to the general public, adding potential liquidity to the market.
As rumoured antecedently, the U.S. Marshals Service control associate auction of quite three, 800 bit coins in Jan - the primary since the sale of two, 700 bitcoin in 2016.
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