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The official stance of the US Government, at least the IRS, is that Bitcoin is property, not currency. Therefore what they seized was not currency, but property
by saraid216 12y ago
The official stance of the US Government, at least the IRS, is that Bitcoin is property, not currency. Therefore what they seized was not currency, but property, and the correct procedure for property is to sell it by auction.
- Glyptodon 12y agoIf they seize stocks do they sell them at auction rather than on the open market?