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  • (01. January 2010., 10:27:49)










Author Topic: The U.S. Marshals Service want to sell 29600 Bitcoins...  (Read 1436 times)

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Samker

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The U.S. Marshals Service is seeking a buyer for 29,656.51306529 Bitcoin it says once “resided on Silk Road servers.”

Bitcoin exchange "Preev" says that translates into about $US17.65m at the time of writing: http://preev.com/

The Marshals' notice about the Bitcoin is framed as a chance to “submit a bid for purchase”: http://www.usmarshals.gov/assets/2014/bitcoins/
Bids must be accompanied by a completed registration form (PDF) and a deposit of $US200,000 : http://www.usmarshals.gov/assets/2014/bitcoins/registration_form.pdf

Those who register will then have a chance to participate in an online auction that will run for twelve hours starting at 06:00 on June 27th.

The sale is being conducted under the U.S. Marshals asset forfeiture program, which it says “has become a key part of the federal government’s efforts to combat major criminal activity by stripping criminals of their ill-gotten gains”: http://www.usmarshals.gov/assets/

Proceeds of the sales “are used to compensate victims, supplement funding for law enforcement initiatives and support community programs.” Agencies that made a bust leading to an asset forfeiture get special treatment when disbursements are made.

The auction will doubtless be watched with considerable interest, not least because there is plenty of irony in the fact that the U.S. Marshal is selling an asset with demonstrated potential to facilitate crime.

29,600 Bitcoin is also about 0.23 per cent of the 12.8m Bitcoin that "Blockchain" says are currently in circulation: http://blockchain.info/charts/total-bitcoins
The price that the Silk Road trove fetches may therefore have an impact on the cryptocurrency's value.

(ElReg)

devnullius

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Re: The U.S. Marshals Service want to sell 29600 Bitcoins...
« Reply #1 on: 14. June 2014., 21:07:02 »
This debunks the myth (fact) that the USA government was harvesting bitcoins as much as they could...

Then again: why wouldn't they create their own currency once dollar gets replaced. One coin for Mex/US/Ca... The MexuscaCoin (c.)

Slowly getting the bitcoin vibe too, Samker?  :thumbsup:

 
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Samker

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Re: The U.S. Marshals Service want to sell 29600 Bitcoins...
« Reply #2 on: 21. June 2014., 12:06:54 »
...

Slowly getting the bitcoin vibe too, Samker?  :thumbsup:

...



You already know my thoughts about SCF coin... ;)

devnullius

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More information about bitcoin, altcoin & crypto in general? GO TO  j.gs/7385484/btc

Cuisvis hominis est errare, nullius nisi insipientis in errore persevare... So why not get the real SCForum employees to help YOUR troubled computer!!! SCF Remote PC Assist http://goo.gl/n1ONa9

Samker's Computer Forum - SCforum.info

Re: The U.S. Marshals Service want to sell 29600 Bitcoins...
« Reply #3 on: 24. June 2014., 21:59:16 »
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