US Marshals auction off $1.6M in bitcoin

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An unknown bidder purchased 2,700 bitcoins value roughly $1.6 million in an auction Monday hold by a U.S. Marshals Service.

CoinDesk, a website that reports on a digital currency, confirmed with a Marshals that 4 bids were perceived in a auction.

The sovereign law coercion group acquired a bitcoins in several cases involving a dim web commerce market, a Silk Road, and a vital actor there, Ross Williams Ulbricht.

The group has been offered off a bitcoins in a array of auctions. The final auction happened on Nov. 15, reports Reuters, when 11 bidders bought 44,000 bitcoins value $14.6 million.

Only 2.8 of this auction’s coins came from Ulbricht’s seized store. The bulk of a coins were confiscated from a Silk Road drug dealer, Matthew Gillum, who is now portion a nine-year jail sentence. A sum of 664 coins came from Sean Roberson who was arrested for offered tawdry credit and withdraw cards online. Sixty-five coins came from Carl Force, a former Drug Enforcement


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