Over $34 million worth of bitcoin will soon be up for auction, as both the U.S. and the French governments are going to be auctioning off BTC from March 15 to March 17. The U.S. government did not reveal where the BTC came from, while the French government will auction funds seized from hackers.
According to French publication Cyberguerre, the country’s government will auction the cryptocurrency it seized from the alleged hackers of GateHub, a London-based cryptocurrency service GateHub. The platform was hacked last year.
As Yahoo Finance reports, the French Agency for the Management and Recovery of Seized and Confiscated Assets (AGRASC) will auction a total of 611 BTC, which at current prices are worth nearly $34 million.