"Basically, the recent court approval is the normal procedure for any civil forfeiture," said Aidan Larkin of Asset Reality in response to a question about US government bitcoin. "And it doesn't mean the US is going to hit the sell button right away. Bitcoin sales have to follow a very strict process."
He added: "At some point in the future, it will go through the normal government process. There will be a civil forfeiture application hearing. They will be approved and then it will go into the normal bailiff process and the public domain." It is understood that Asset Reality is a US company that helps the government manage seized assets and has extensive asset handling experience.
Industry: US government-held $6.50 billion bitcoin sale must follow strict process
2025-01-11 07:58:06
Asset reality aidan larkin answer related US government bitcoin questiondesk3cryptocurrencydesktopCrypto News
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