The Department of Justice has been cleared to sell off tens of thousands of Bitcoins acquired as part of the government’s largest-ever seizure of crypto assets.
A federal judge denied a motion from Battle Born Investments, a Nevada-based venture capital firm, to prevent the government from selling $6.5 billion worth of Bitcoin, according to a court filing from the Northern District of California on Dec. 30. The VC firm had argued that they had the right to the assets. The news was originally reported by DB News. The Department of Justice declined to comment further.
