US gov has to follow a ‘strict process’ before unloading $6.5B of bitcoin

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Don’t panic. 

That’s the gist of the message from Asset Reality’s Aidan Larkin on this week’s Empire Roundup. Jason Yanowitz and Santiago Santos specifically asked him about all that US government bitcoin.

Basically, the recent court approval is par for the course for any civil forfeiture. And, no, it doesn’t mean that the US is immediately hitting the sell button.

 ”There’s a very strict process that has to get followed,” Larkin said. 

“ At some point in the future, it’ll just go through the normal government processes. There will be a civil forfeiture…

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