Unknown Bidder Buys 2,700 Bitcoins (worth $1.6 million) at US Government Auction

A winning anonymous bidder bought 2,700 Bitcoins worth roughly $1.6 Million in an auction held by the United States Marshals Service USMS on Monday. The US government announced at the beginning of this month its plans to auction 2,719 Bitcoins that were seized during several criminal, civil and...

U.S. Marshals Auctioning Off Seized Silk Road Bitcoins

If any further evidence was required that up is down and black is white, the United States government is now in the business of selling Bitcoins. At least for one day. The U.S. Marshals Service is planning to hold a one-day auction on June 27 to sell nearly 30,000 Bitcoins the government seized i...