U.S. Government may Confiscate Bitcoin

U.S. Government may Confiscate Bitcoin

500 Bitcoins were seized from three individuals from Toledo and one from Perrysburg who was charged with faking drivers’ licenses and personal identification cards. The U.S. government is of the opinion to confiscate the bitcoins whose value amounts to $5.5 million in order of forfeiture. The said funds would be auctioned to the public at a later date.

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