The total volume of this sale will be more than $ 50 million
We have repeatedly observed how law enforcement agencies of different countries confiscate a certain number of virtual tokens from various kinds of intruders, who trade in weapons, drugs and just individuals who are hiding from taxes. But where then do these funds go?
The US Federal Marshals Service said that in an auction on January 22 from 9:30 to 15:30 EST, which will sell more than 3,813 bitcoins seized earlier in various drug-related cases cryptocurrency, money laundering, and other illegal actions. The total volume of this sale will be more than $ 50 million.
According to the account, this will be the sixth auction organized by this service, but in spite of this, in terms of the amount, it will take one of the honorable places. Previously, the “sponsor” of such a sale was the black market Silk Road, in demand among users of the Tor browser. Recall, then at stake were 144 thousand bitcoins. This time, the sale of bitcoins will take place in 11 blocks and will take about 6 hours in total. The largest block contains 813 coins, 5 more blocks – 500 coins, and all the rest – 100 tokens.
To participate in the bidding you need to make a deposit of $ 200,000 and register before noon on January 19 (by EST). Proposals will be accepted only by e-mail and only from registered participants.
The last time such an auction was held by marshals in August 2016. The total number of bitcoins sold then was 2,700 coins seized during the investigation of 12 different cases. A record number of bitcoins in one hand was sold in December 2014, and they were bought by a venture investor and simply famous crypto-enthusiast Tim Draper.
It is worth noting that the most mysterious in this kind of “transactions” – the final amount. After all, no one discovers the price at which the bitcoins were sold.