Next US Marshals Bitcoin Auction Could Be Held in Q1
The US Marshals Service (USMS) has revealed that its next bitcoin auction could take place in the first quarter of 2015. The federal agency tasked with managing assets seized during criminal investigations has to date auctioned off nearly 80,000 BTC confiscated in the FBI's shutdown of now-infamous online black market Silk Road. The USMS did not reveal further details about the timing to CoinDesk, stating only: "We do anticipate that we will hold another bitcoin auction in the first quarter of this year. The agency also declined to elaborate further on ongoing plans for upcoming auctions,....
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More than 40 hours after the close of the US Marshals Bitcoin auction, the value of 1 BTC against the US dollar has held almost perfectly stable. At the start of Friday’s auction at 6:00 AM EDT, 1 BTC was worth US$590 according to our price tracker. As of 2:00 PM EDT, 1 BTC was worth US$596. Some feared that the auction of more than US$17 million worth of bitcoins would cause a panic sell and possibly send the value of the cryptocurrency tumbling. Instead, a slight uptick was the result. The auction Friday was held by the US Marshals Service, which held about 30,000 bitcoins as a result of....
The U. S. Marshals held their third auction for the bitcoin seized from Ross Ulbricht during the Silk Road investigation, auctioning off 50,000 bitcoin on March 5. Demand in this auction was higher than in the second auction held last December, but not as high as the original auction in June 2014. All told, there were 14 registered bidders who participated in the auction. Participants in this auction included Barry Silbert and SecondMarket Inc., Pantera Capital led by Dan Morehead, and Kardashev Capital. There were 10 blocks of 3,000 bitcoin and 10 blocks of 2,000 bitcoin available for....
This article has been updated with new details on how interested bidders can register for the auction. The US government is preparing to auction off roughly 30,000 bitcoins appropriated from the Silk Road online black market. The bitcoins, worth approximately $17,898,600 at current market prices, are currently being held in two wallets owned by the US Marshals Service. The auction will be held on 27th June from 06:00 to 18:00 (EDT), according to a press release published by federal government. In a statement, the US Marshals Service said: "The bitcoins offered in this auction have been....
The much awaited bitcoin auction by the United States Marshals Service is finally over. The US Marshals Service, in possession of confiscated bitcoins from the Silk Road investigation auctioned the last of them earlier on Thursday. Thursday's auction had about 44,341 bitcoins worth $17.21 million out for bidding by those who had earlier registered with the US Marshals Service. According to reports, the online auction saw 11 bidders bidding 30 times over a span of six hours. Completion of the latest auction signifies liquidation of all the bitcoins seized from the wallets belonging to Silk....
The US Marshals Service (USMS), the federal agency charged with managing the sale of property confiscated by federal law enforcement agencies, has released new data on its auction of 50,000 BTC confiscated from alleged Silk Road head Ross Ulbricht and held today. The USMS data, distributed via email, indicates that the number of bidders in the agency's second bitcoin auction has declined significantly from the first auction held this June. That auction, which received widespread media coverage in the US and had an observable affect on bitcoin's market, attracted a total of 45 registered....