The Federal Revenue Will Auction Bitcoin Starting at Just R$ 300. It Involves Four Bitcoin Wallets from Block and Ballet. Learn How to Participate.
The Federal Revenue of Brazil will auction 168 lots of products seized by Customs at the airport of Viracopos. In addition to computers and smartphones, one lot that stands out contains four physical Bitcoin wallets. Three of these wallets are from the Ballet brand. The fourth is a wallet from Block, a company founded by Jack Dorsey, the founder of Twitter.
Bitcoin Auction Has a Minimum Bid of R$ 300
Those interested in the Federal Revenue’s Bitcoin auction can submit bids starting at 8 AM on November 28 until 9 PM on December 2. The session for bids is expected to begin on December 3 at 10 AM, Brasília time. The lot comprising four physical cryptocurrency wallets is number 25 in the Federal Revenue’s auction. The minimum price is R$ 300.
Three of these Bitcoin wallets are from the Ballet brand, whose model is gold-plated and resembles a card. On the manufacturer’s website, each wallet is sold for US$ 99 (R$ 570), while the package of three is priced at US$ 267 (R$ 1,530). Additionally, there is a shipping cost of US$ 73.81 (R$ 425) to Brazil, not including import taxes.
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As a cold wallet, meaning a wallet without internet access, the user can share the QR code displayed on it to receive transactions or share the address. On the back, there is the private key of that address, protected by a seal.
The Fourth Wallet Costs R$ 864 on the Market
The fourth wallet is from Block, a company founded by Jack Dorsey, the founder of Twitter. Called Bitkey, the Federal Revenue’s wallet has a hexagonal shape and the material resembles marble. According to the Block website, each Bitkey is being sold for US$ 150 (R$ 864), not including taxes.
Shipping is free. However, what stands out about this Bitkey being auctioned by the Federal Revenue is a warning of “not for resale”.
The model is possibly one of the first to be manufactured by the company, likely given as a gift to someone. According to the Federal Revenue, these Bitcoin wallets were seized. Other lots sold in the Bitcoin auction may contain lost or forgotten products at the Viracopos airport.
According to an investor, one can use one of these wallets to store all their savings; it is always recommended that purchases be made directly from the manufacturer or through an authorized reseller.
It is worth noting that Ballet wallets have an independent verification system to audit their authenticity, meaning the greatest risk is that the private key may have already been revealed; however, this can be observed on the wallet itself before use.
How to Participate in the Federal Revenue’s Bitcoin Wallet Auction?
In addition to this lot with four Bitcoin wallets, the Federal Revenue will be auctioning several other items, including computers, cars, video games, smartphones, and jewelry. The most expensive lot is number 12, starting at R$ 276,700 and containing more than a thousand watches. The cheapest lots start at around R$ 100.
To participate, interested parties need to have a Silver or Gold reliability seal in the Government’s digital identity system, as well as being over 18 years old and having an active CPF. The auction allows bids from legal entities, provided they have a CNPJ.

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