28-05-2017 17:33 via feedproxy.google.com

People are making a fortune buying government-seized bitcoins

The old saying goes that one man's loss is another man's gain. That has proved true in the bitcoin market.
Over time, the US government has seized hundreds of thousands of bitcoins from people who used the cryptocurrency in the process of breaking the law. Perhaps the most high-profile example came in October 2013, when the FBI raided the online marketplace Silk Road, a hub for transactions involving illegal drugs and criminal activities.
But those confiscated bitcoins don't just sit in the US g
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