"Given this dynamic, theres a potentially massive disruption in bitcoin’s near- to mid-term future: The FBI liquidating its stash of nearly 174,000 bitcoins, which is valued at $130.3 million at today’s exchange rate of $749.With $130M of bitcoin wealth and plans to sell, the FBI could rattle the virtual currency cage | PandoDaily
The feds acquired these bitcoins during their raid and shuttering of online black market Silk Road and currently hold them in the first- and thirty-seventh-largest bitcoin wallet accounts in the world. "
Friday, January 03, 2014
With $130M of bitcoin wealth and plans to sell, the FBI could rattle the virtual currency cage | PandoDaily
More interesting Bitcoin market dynamics
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