US Marshals: Latest Bitcoin Auction Timed To Avoid Market Disruption

By November 17, 2014Bitcoin Entertainment

The US Marshals Service (USMS) has revealed it intends to auction potentially all of the 144,000 BTC confiscated from Ross Ulbricht during its Silk Road investigation in the coming months, but that it has elected to break up the sales in order to prevent disruptions to the bitcoin market.

The USMS announced on 17th November that it will auction off just  50,000 BTC previously owned by Ulbricht, who stands accused of operating the now-defunct Silk Road online black […]

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