The U.S. government has a massive, secret stockpile of bitcoin — Here's what happens to it.
, will help the government store and liquidate this digital property. The contract was previously awarded to BitGo.
The process of auctioning off crypto, in blocks, at fair market value, likely won't change, according to Koopman. But other than spacing out sales, Koopman said, trying to "time" the market to sell at peak crypto prices isn't his objective. "We don't try to play the market," he said.worth of bitcoin linked to Silk Road. Because the case is still pending, those bitcoins are sitting idle in a crypto wallet.
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