Bitcoin Forum

Bitcoin => Press => Topic started by: bitbouillion on June 12, 2014, 10:12:28 PM



Title: [2014-06-12] WSJ: FBI to Auction Bitcoins on June 27
Post by: bitbouillion on June 12, 2014, 10:12:28 PM
http://online.wsj.com/articles/fbi-readies-144-341-bitcoins-for-sale-1402606244


Title: Re: [2014-06-12] WSJ: FBI to Auction Bitcoins on June 27
Post by: Dusty on June 12, 2014, 11:03:44 PM
paywalled


Title: Re: [2014-06-12] WSJ: FBI to Auction Bitcoins on June 27
Post by: odolvlobo on June 12, 2014, 11:16:00 PM
http://online.wsj.com/articles/fbi-readies-144-341-bitcoins-for-sale-1402606244

Well that accounts for the the 10% drop in the exchange rate.


Title: Re: [2014-06-12] WSJ: FBI to Auction Bitcoins on June 27
Post by: freedomno1 on June 12, 2014, 11:54:18 PM
Wait so that wasn't just my imagination we are seeing these coins MOVE!  :o

Also damn paywall but that was enough for me

The U.S. government on June 27 plans to auction almost 30,000 bitcoins, valued at $17.3 million, that were seized as part of the Federal Bureau of Investigation's crackdown last year on the Silk Road online marketplace for illicit drugs, the U.S. Marshals Service said Thursday.

In a statement, the Marshals Service confirmed it had taken custody of an additional 144,341.53 bitcoins that were seized as part of that operation. Those...

Thanks for sharing I added a non paywall since its press and people may want to read the article that don't have full access to WSJ


Title: Re: [2014-06-12] WSJ: FBI to Auction Bitcoins on June 27
Post by: cr1776 on June 13, 2014, 12:00:42 AM
There was a lot more, but the fair use portion that is relevant is below.  You can read more here:

US Marshall's site:
http://www.usmarshals.gov/assets/2014/bitcoins


Forbes:
http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/



Quote
The U.S. government on June 27 plans to auction almost 30,000 bitcoins, valued at $17.3 million...

...the Marshals Service confirmed it had taken custody of an additional 144,341.53 bit coins... Those coins also are being readied for a separate sale, according to [the] FBI...

...the first auction would take place over a 12-hour period on June 27 in nine blocks of 3,000 bitcoins and one of 2,657 coins. Interested buyers can place bids via a form at the U.S. Marshals website. The winners will be notified on June 30....