The U.S. General Services Administration, an agency that sells surplus assets held by the federal government, from office furniture to homes to tractors, said it will do so. auction switched off bitcoin other litecoin with a combined market value of $ 377,000.
Bidding at the last auction begins Friday at 5 p.m. ET and ends Monday at 5 p.m., according to a Press release. Eleven lots of cryptocurrencies are on the block, including 8.93 bitcoins and 150.2 litecoins. According to a document in the GSA auction website, the litecoins were seized from a taxpayer for failure to pay internal income taxes.
The GSA raised $ 937,092 for sale 16.99 bitcoins in three auctions earlier this year.
“With the addition of a new type of cryptocurrency, this promises to be one of our most exciting auctions of the year,” said Thomas Meiron, regional commissioner of the GSA Federal Procurement Service, in the statement.
Investors must register to bid. The winning bidder must have a digital wallet to receive the property and must make a payment no later than June 23.