US Government Set to Sell Seized Bitcoins from Dark Web Racket
Posted: Sun Jan 07, 2018 12:09 pm
The United States government received the nod from a federal judge in the state of Utah to sell all the seized Bitcoin and Bitcoin Cash from a dark web racket.
After taking down the illicit business, which was run by Aaron Michael Shamo, the federal authorities seized a Ford pickup truck and a BMW car along with 513 Bitcoins and 512 Bitcoin Cash. The combined worth of these assets is nearly $10 million, and they will be sold at an auction.
On March 2017, Shamo was found guilty of conspiracy to distribute a controlled substance, aiding the importation of a controlled substance, ... (read more)