of cryptocurrency by the U.S. government has worked out to be a windfall for taxpayers.
The bitcoins are still in the government’s possession, for bureaucratic reasons. And in the year since, bitcoin hasThat’s down a bit from when bitcoin was at its all-time high of $67,000 last month. But with bitcoin hovering at around $55,000 — up from roughly $18,000 in November 2020 — Uncle Sam has still done pretty well.
Most of the government’s handling of cryptocurrency has been far less remunerative. In fact, it’s mostly a story of lost opportunities.The U.S. Marshals Service says it has sold off 187,381 bitcoins in nine auctions since 2014. A spokesperson declined to provide the sums of money involved, but based on the price of bitcoin on the day of each sale, NBC News estimated the total take would have been around $179 million.
The seizure of $1 billion last year came after the IRS used software company Chainalysis to identify 54 previously undetected bitcoin transactions executed by Silk Road, the IRS said.
Thank you so much Bryan_Conn for bringing this joy and happiness into my life. Since he introduced me into binary options my life has changed because I've been earning massively. I started my investment last 2 weeks with $500 and I've earned over $10k now. A win for 2021
Government always take money from people
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The U.S. seized a record $1 billion of bitcoin a year ago. Its value has tripled.The largest-ever seizure of cryptocurrency by the U.S. government has worked out to be a windfall for taxpayers. 유리하는 빈민을 집으로 GrandMenengaiFour
Source: YahooNews - 🏆 380. / 59 Read more »
Parents of Georgia Tech student shot by officer settle suitA lawyer for the parents of a Georgia Tech student killed by a campus police officer four years ago said they have settled a lawsuit against the university for $1 million. Securing your BITCOIN profits, requires a well inclined account manager that can give you the best service. That's why you have SamuelLaech_ honest and trustworthy trader... Thanks alot sir for helping me win, i appreciate your goodness and i recommend you.
Source: ABC - 🏆 471. / 51 Read more »
Exclusive: Trump's social media venture seeks $1 billion raise - sourcesFormer President Donald Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several times the valuation it commanded in a deal with a blank-check acquisition firm in October, two people familiar with the matter said. I smell another trump university lmao. Wait wait it’s coming all he needs now is a business plan It's always like water on a duck's back for this guy. Going to a debate knowing very well you have COVID. How evil is this man?
Source: Reuters - 🏆 2. / 97 Read more »
World AIDS Day 2021 themes, history and why it's observedThe first five cases of what later became known as AIDS were reported 40 years ago.
Source: Newsweek - 🏆 468. / 52 Read more »
Parents of Georgia Tech student shot by officer settle suitThe parents of a Georgia Tech student killed by a campus police officer four years ago have settled a lawsuit against the university for $1 million, their lawyer said Thursday. University police officer Tyler Beck fatally shot 21-year-old Scott “Scout” Schultz on Sept. 16, 2017, authorities said. Schultz's parents, William and Lynne Schultz, filed the wrongful death lawsuit two years ago.
Source: YahooNews - 🏆 380. / 59 Read more »
Family of Georgia Tech student fatally shot by campus police settles lawsuit for $1 million dollarsThe family of a Georgia Tech University student who was fatally shot by campus police settles the lawsuit with the school for $1 million, the family's attorney says i think that the 1 million need to be more America Georgia: GeorgiaTech: CampusPolice: Homicide GeorgiaTech PAYS GeoffCollin $2,883,115 If you can pay a Football Coach who once was paid $3,200,000.00/yr, you can take responsibility for a Student's death. PAYMore Lawrence Maddow. Shouldn’t Mark Meadows return his multi-million dollar book advance as he now refers to it as “Fake News” prior to its release?
Source: cnnbrk - 🏆 393. / 55 Read more »