Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: TheGrimm on December 29, 2015, 11:11:45 PM



Title: Question about the bitcoins that the usa government sold...
Post by: TheGrimm on December 29, 2015, 11:11:45 PM
customers on mtgox lost millions, so the usa government confiscated them and sold them, is that money going to the victims or does the government keep it all?

I have a feeling the government keeps it all and if thats true, that is really really fucked up, its basically a scammer(mtgox) stealing from a scammer(usa government not giving to the victims and keeping for themselves) isn't it?


Title: Re: Question about the bitcoins that the usa government sold...
Post by: cellard on December 29, 2015, 11:25:30 PM
customers on mtgox lost millions, so the usa government confiscated them and sold them, is that money going to the victims or does the government keep it all?

I have a feeling the government keeps it all and if thats true, that is really really fucked up, its basically a scammer(mtgox) stealing from a scammer(usa government not giving to the victims and keeping for themselves) isn't it?
As far as I know, the goverment puts auctions and just make a bid and whoever wants to buy them buy them (obviousy I guess you need to meet certain criteria like, being a US citizen and not being a criminal etc). They are probably too stupid to realize its value and sell all of it for dollar and don't keep any for long term.


Title: Re: Question about the bitcoins that the usa government sold...
Post by: unamis76 on December 29, 2015, 11:28:40 PM
Mt Gox coins? Sold by the USA Gov? Last I heard (most of) the Mt Gox coins were nowhere to be found, and the coins sold by the USA were the ones from Silk Road...


Title: Re: Question about the bitcoins that the usa government sold...
Post by: TheGrimm on December 29, 2015, 11:32:05 PM
Mt Gox coins? Sold by the USA Gov? Last I heard (most of) the Mt Gox coins were nowhere to be found, and the coins sold by the USA were the ones from Silk Road...

Oops you are right, that was a huge fail from me sorry about that.


Title: Re: Question about the bitcoins that the usa government sold...
Post by: unamis76 on December 29, 2015, 11:40:26 PM
Mt Gox coins? Sold by the USA Gov? Last I heard (most of) the Mt Gox coins were nowhere to be found, and the coins sold by the USA were the ones from Silk Road...

Oops you are right, that was a huge fail from me sorry about that.

Different cases :) Mt Gox coins, if found are (supposedly) going to their right owners. Silk Road coins were seized for alleged criminal activities and afterwards auctioned, as per US law.