Auctions

Regulation

US Marshals to Sell $1.6 Million in Bitcoin at Auction

The US government has announced it intends to sell off just over $1.6m in bitcoin confiscated from various criminal cases.

Policy & regulation  ·  8 August 2016
Crime

$19 Million in Bitcoin Hits the Auction Block in Australia

More than $19m worth of bitcoin is now being sold at auction, though few details are available on participants involved.

Policy & regulation  ·  20 June 2016
Crime

Ernst & Young to Sell $12 Million in Bitcoin at Auction

Ernst & Young has announced it will auction $12.9m worth of bitcoin confiscated from a former Silk Road user.

Policy & regulation  ·  30 May 2016
News

Four Winners Split 44,000 Bitcoins in Final Silk Road Auction

The US Marshals Service has revealed that its fourth and final auction of confiscated Silk Road bitcoins resulted in four winners.

Markets  ·  12 November 2015
News

Bitcoin Exchange itBit Wins 10,000 BTC in US Government Auction

Bitcoin exchange itBit has emerged as the first of what could be as many as three winners in last week's US government bitcoin auction.

Markets  ·  9 November 2015
News

Bidder Turnout Ties All-Time Low in Final Silk Road Bitcoin Auction

The final US Marshals auction of 44,000 bitcoins confiscated during the investigation into online black market Silk Road drew just 11 bidders today.

Markets  ·  5 November 2015
News

Investor Tim Draper Not Bidding in Today’s Silk Road Auction

Two-time auction winner Tim Draper has revealed to CoinDesk that he is not participating in today’s auction of more than 44,000 BTC.

Markets  ·  5 November 2015
Crime

US Government to Sell Over 44,000 Bitcoins Today

The US Marshals Service is auctioning off the remaining 44,000 BTC confiscated from Ross Ulbricht during the Silk Road investigation today.

Policy & regulation  ·  5 November 2015
Crime

Genesis Trading, Binary Financial to Bid in Final Silk Road Bitcoin Auction

Digital Currency Group's Genesis Trading and bitcoin hedge fund Binary Financial are set to participate in a government auction of bitcoin this week.

Policy & regulation  ·  3 November 2015
News

US Marshals: Final Silk Road Bitcoin Auction Likely for 2015

The US Marshals Service (USMS) has revealed it will announce the date on which it will auction off remaining Silk Road bitcoins in 2015.

Markets  ·  4 September 2015
Bitcoin

Secretive Mining Firm Revealed as Possible US Marshals Auction Winner

A winner of the latest US Marshals bitcoin auction may have been identified by blockchain and crowdsourced analysis.

Policy & regulation  ·  12 March 2015
News

Third US Marshals Bitcoin Auction Sees Increase in Bidder Interest

The US Marshals Service (USMS) has announced that 14 bidders participated in today's auction of 50,000 BTC.

Markets  ·  5 March 2015
Crime

US Marshals to Auction 50,000 Bitcoins in March

The US Marshals will auction $11.85m in bitcoins in connection with a civil forfeiture action against and the criminal conviction of Ross Ulbricht.

Policy & regulation  ·  18 February 2015
News

Next US Marshals Bitcoin Auction Could Be Held in Q1

The US Marshals Service has revealed it expects its next bitcoin auction to take place in Q1 of 2015.

Markets  ·  14 January 2015
News

Bitcoin Investment Trust Syndicate Wins 48,000 BTC in US Marshals Auction

Bitcoin Investment Trust and SecondMarket have been revealed as the winners of 48,000 BTC confiscated from alleged Silk Road leader Ross Ulbricht.

Business  ·  9 December 2014