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The U.S. General Services Administration (GSA) is auctioning off Bitcoin Cash (BCH) and Litecoin (LTC) seized from a taxpayer for non-payment of internal revenue taxes.  In a statement, GSA announces that the public is now able to bid on 11 stashes of cryptocurrencies, which include 8.93 BTC and 150.2 LTC with a combined market value […]

The post US Government Auctions Off Litecoin and Bitcoin Cash Seized From Tax Evader appeared first on The Daily Hodl.

The U.S. government’s latest cryptocurrency auction, which was announced by the General Services Administration (GSA) on June 16, is closing at 17:00 Eastern Time (or 21:00 UTC) on Monday (June 21). The GSA is “an independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal […]

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The GSA's third-ever bitcoin auction completed yesterday, selling 9.45 BTC at about $487,000 — roughly $33,000 below market value.

The post U.S. government agency sold 9.45 BTC for a total of $487K on Monday appeared first on The Block.

Monmouth County, New Jersey, seized $57,000 worth of Bitcoin in 2018—and sold it for just under $200,000.

The US General Services Administration (GSA) is planning to conduct a Bitcoin auction worth over $500,000. The auction which is to take place from 23-26 April will be the third that the auction arm of GSA will hold this year. GSA manages and supports the basic functioning of federal agencies. It also does auctions to […]