US to auction $1.6 million of bitcoin from several cases


NEW YORK The U.S. supervision pronounced on Monday it skeleton to auction over 2,700 bitcoins that were dispossessed during several cases, several of that stemmed from investigations of a online black marketplace famous as Silk Road.

The U.S. Marshals Service pronounced that a online auction would be hold on Aug. 22, and that intensity bidders contingency register by Aug. 18. The bitcoin are value about $1.6 million, according to a Bitstamp exchange.

The auction is a latest by a Marshals Service of a digital currency. It finished 4 before auctions from Jun 2014 to Nov 2015 of bitcoins seized during a charge of Ross Ulbricht, who authorities contend ran Silk Road.

His box is one of 9 criminal, polite or executive matters from that a Marshals Service pronounced a 2,719 bitcoins had been dispossessed and are theme to a latest auction.

Ulbricht, 32, was condemned in May 2015 to life in jail after being convicted for orchestrating a intrigue that enabled some-more than $200 million of unknown online drug sales by Silk Road regulating bitcoin. He is appealing.

Only about 2.8 bitcoins in a latest



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