US Marshal Office Offers 100%

US Marshal Office Offers 100% "Washed" Bitcoins

The US Government through the US Marshal office has now entered the Bitcoin 'mixing' service space, offering an unprecedented service that will "clean" the Bitcoins that were considered "illegal" and turn them into effectively "washed" Bitcoins. Visit this link to read more about theprocess of taking the proceeds of criminal activity and making them....


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Bitcoin Price Rebounds after hitting 550 USD: US Marshals Hold Bitcoin Auction

As I predicted the Bitcoin price hit 550 USD early this morning (EST). Even though the price trend looked to be bearish, the price drop of more than 60 USD per BTC that we experienced today was probably mainly caused by US Marshal. In an announcement made for 11 hours ago, US Marshal explains that they will auction of the seized silk road bitcoins in an auction that will end on Monday 30th of June. This caused the Bitcoin price to take a plunge. US Marshal will auction off 29,656.51306529 bitcoins and they are accepting offers based on these terms: A manually signed pdf copy of the Bidder....

Another Silk Road Auction: USMS to Auction 50,000 Bitcoins Taken From Ross Ulbricht

50,000 Bitcoins are going to be auctioned in the coming weeks. Despite the fact that Ross Ulbricht is not scheduled to stand trial until after the holiday season, the US Marshal's Service is going ahead with a second round of their Silk Road Bitcoin Auction. These Bitcoins that are currently being sold through the beginning of December likely belong to Ross Ulbricht himself, not Silk Road or Silk Road users. In January, Ross Ulbricht and his lawyers signed a court order that allowed the USMS to sell Bitcoins belonging to Silk Road and all property traceable from said crime, "including but....

US Government Announces Final Silk Road's Bitcoin Auction

The US government on Monday announced that it is auctioning the last remaining Bitcoins belonging to the now-defunct underground marketplace Silk Road. According to the US Marshal Service's (USMS) press release, the auction of 44,341 Bitcoins (nearly $1.5 million at press time) will take place on November 5 this year, from 8 am to 2 pm. The Bitcoins will be offered in 22 blocks: 21 blocks of 2,000 Bitcoins and 1 block of around 2,341 Bitcoins. The auction winners will be announced the very next day - on November 6. The agency further stated: "The registration period starts Oct. 19 and runs....

US Government to Auction off $1.6 Million Bitcoins

The U.S. Marshals Service (USMS) announced today that they will be auctioning off $1.6 million worth of bitcoins later this month. The more than 2,700 bitcoins were forfeited from various cases including that of the notorious online black market, Silk Road, which was shut down by the FBI in 2013. In an announcement released today the USMS said that the online auction will take place on Monday, August 22 from 08:00 EDT to 14:00 EDT. Those interested have until 12:00 EDT on Wednesday, August 18 to register. It will consist of one block, and a $100,000 deposit is required. The bitcoins....

Real Volatility, Real Solutions

I am sure you noticed within the last couple of days the value of a bitcoin has dropped by about 20%. If you look for some news that can somehow be correlated with this, you aren’t likely to find such a clear indication for this event. Fear…; Usually when bitcoins price falls so dramatically, it causes others to panic and sell off their bitcoins even though there may be no apparent reason for such a price swing. If it was a whale, although unlikely, you would have to consider the motivations for placing a large sell orders on exchanges. Placing large sell lots of bitcoins on exchanges is....