Going, Going, Gone: US Marshals to Auction Hundreds of Bitcoins

[kreslik.news]

The US government is auctioning off approximately 660 bitcoins, which it has seized from defendants in a wide range of criminal and civil cases, according to a notice from the US Marshals Service.

$200,000 entrance fee

The coins are worth a total of $4.3 million at the current price, according to coinmarketcap.com. Minimum deposit for entering the auction is $200,000 (about 30 BTC).

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In all, 31 different cases are mentioned in the report.

The US Marshals Service is the enforcement arm of the federal courts. Founded in 1789, it is the oldest federal law enforcement agency in ... (read more)