Renewed media attention for Silk Road has not translated to new donations for the defense of its alleged leader.
Tim Draper, the winning bidder in last Friday's Silk Road auction, held a press conference today.
VC Tim Draper has been revealed as the winning bidder for all 29,656 bitcoins in the USMS auction.
A single, undisclosed bidder has won all 30,000 Silk Road bitcoins, according to the US Marshals Service.
The price of bitcoin rose today as institutional investors sought to label the Silk Road auction as an industry success.
45 registered bidders participated in the USMS event, with 63 bids received over the course of the auction.
A history of Silk Road and the US Marshals Service, for those curious to learn more about today's auction.
The financial corporation has examined the possible effects of the US government's auction of 29,656 bitcoins later today.
In a news-dominated market, the US Marshals auction of seized bitcoin will have an affect on its price.
The US Marshals Service accidentally leaked a list of potential participants in the auction of 30,000 Silk Road bitcoins.