FBI one of biggest bitcoin holders & selling it cheap!

[CryptoGirl]

In February 2011 Ross Ulbricht launched Silk Road, a black market site on the dark web available through the Tor browser.

This website used Bitcoin as a way of evading law enforcement and was eventually shut down in October 2013 leading to the arrest of Ross Ulbricht.

The FBI seized 144,336 Bitcoins’ and still to this day hold one of the largest Bitcoin balances in a single wallet.

However, they opted to sell these Bitcoin’s in a number of auctions between 2014 and 2015.
In total The Us Government sold the Bitcoins’ for $48.2 million meaning the average price of each Bitcoin was sold for $334.

[Femhabe]

Imagine! Bitcoin that worth x23 of the price they sold it now and it would still worth more. But  since FBI is an organization, it wouldn't be much regret to them compared to  the man they seized it from.

[rahul10948]

That's the big game....

[Cordillerabit]

wow thats great that what we call generosity

[kent47400]

FBi is an organization and Bitcoin as evidence for the arrest of guilty people and Bitcoin is not valuable to the FBI because the FBI is not looking for profit from Bitcoin.
The FBI's task was to arrest people who violated the rule of law.

[sugarchrisp]

They probably didn't think it would get any higher than it did.  Hilarious, since it's very likely going to be another 10x from where it is right now as well, which means they could've had 100x what they got for it.  Shame, I wish I could seize even 100 bitcoins lol.

[Crypto Prime]

Is there valid news about that? I don't think that the FBI has the biggest bitcoin assets. If they really hold bitcoin, of course they will not release bitcoin at low prices.

[expander]

What you think is wrong. And it has been answered well by @ Kent47400. The FBI is an organization, they don't hold bitcoin. Bitcoin is evidence of several cases of people who break the law.