The federal law enforcement agency will put an estimated 4,040 Bitcoin or an amount of (current value is $38,563,173).
Since this is an auction and not through exchanges i am not expecting the price to go down like some are expecting.
what can you say about buying Bitcoin that was used in doing illegal activities? Does it have any differences with the usual thing we do? Does it have lesser value because it was from illegal activity or does it cost higher because of the bidding? And what does the government do after receiving money from the auction? Do they use it in a proper way or simply, do they add it to the government's asset?
Since this is a legal proceeding there is nothing to worry about the tainted coins as in the future i am expecting anyone holding the tainted coins will be held responsible when regulations will be active. After the auction it will be submitted to the treasury as it is a public auction.