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Marshal’s Office Sells 2,170 More Bitcoins

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Thu, 22/03/2018 - 23:24
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Marshal’s Office Sells 2,170 More Bitcoins
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The US Marshal’s Office reported that it sold 2,170 Bitcoins on March 9. The buyers of these coins are unknown, as are the winning bids. The Marshal’s Service said that they received 39 bids. Their last auction of Bitcoin occurred in 2016, when they sold 2,700 Bitcoins. The Marshal’s Service periodically auctions off Bitcoins that are seized as a result of criminal prosecutions. They are perhaps most famous for auctioning off the 144,000 Bitcoins seized during the shut down of Silk Road. The Marshal’s Service made $48 mln from the sale of those Bitcoins, which would have been worth $1.2 bln today.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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