USMS to Auction 2,719 Seized Bitcoins This Month

USMS to Auction 2,719 Seized Bitcoins This Month

According to several reports, the U.S. government has announced another Bitcoin auction on August 22, selling 2,719 BTC — worth $1.6 million USD at press time — confiscated by authorities. This will be the latest auction of cryptocurrency since the last U.S. Marshals (USMS) sale last year. Multiple Forfeiture Cases Allows USMS to Hold Another Bitcoin....


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US Marshals: One Auction Bidder Claimed All 30,000 Silk Road Bitcoins

Venture capitalist Tim Draper has been revealed as the winner of last Friday's USMS bitcoin auction. The US Marshals Service (USMS) has announced that a single, undisclosed bidder claimed all of the roughly 30,000 bitcoins seized from online black market Silk Road and sold in its recent auction. The winning bidder outbid all other parties for the 10 auction blocks, according to the USMS. Further, the bitcoins have already been transferred to the winner, according to Blockchain. The USMS previously said that it would begin notifying bidders as to whether they had secured any of the blocks....

US Marshals to Auction 50,000 Bitcoins Seized from Ross Ulbricht

The US Marshals Service (USMS) has announced that it will auction off 50,000 bitcoins, worth roughly $20m, that belong to accused Silk Road operator Ross Ulbricht. The auction is the second held by the US agency, following the sale of 30,000 BTC in July. Involving well-known participants from across the bitcoin and traditional finance industries, the auction was won by venture capitalist Tim Draper, who successfully bid on all the rounds organized by the USMS. According to the announcement, the USMS began accepting bids at 9:00 EST on 17th November, and the deadline for bids ends on....

U.S. Marshals Hold Final Auction of Silk Road Bitcoins (for Cash Only)

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France to Auction 611 Bitcoins Seized From Hackers

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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....