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U.S. Marshals Auctioning Off Seized Silk Road Bitcoins Print E-mail
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Source: ThreatPost - Posted by Anthony Pell   
Latest News If any further evidence was required that up is down and black is white, the United States government is now in the business of selling Bitcoins. At least for one day. The U.S. Marshals Service is planning to hold a one-day auction on June 27 to sell nearly 30,000 Bitcoins the government seized in the takedown of Silk Road, the online drug and hacking marketplace, last October. The Bitcoins were housed in wallet files stored on servers seized during the raid, and they’re being sold mainly in blocks of 3,000, with one block of 2,656 for sale, as well. As of Friday morning, Bitcoins were valued right around $600, making each block of 3,000 worth about $1.8 million.

Read this full article at ThreatPost

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