The US Closes Big Sale of $40 Million Bitcoin
I’m curious as to how much this BTC eventually went for:
The US closes big sale of $40 million Bitcoin
- A large auction of 4,000 Bitcoin is coming to a close.
- The minimum bid for the auction was $200,000.
- The US Marshals have lost out on billions of dollars in the past.
The United States Marshals Service (USMS) is closing its auction of 4,041 Bitcoin (currently worth over $40 million) previously forfeited in dozens of various federal criminal, civil and administrative cases. The winning bidders have until 2:00 PM EST today to wire purchase funds to the USMS—or risk being disqualified.
For the purpose of this auction, the department has been collecting applications for over two weeks starting February 3, with a minimum bid of $200,000. The stash of confiscated Bitcoin was sold in blocks: five blocks of 500 BTC, 10 blocks of 100 BTC, 10 blocks of 50 BTC and one block of roughly 41.6 BTC.
Full article here: https://decrypt.co/19930/the-us-closes-big-sale-of-40-million-bitcoin