Bitcoin Forum

Bitcoin => Press => Topic started by: DowBit on January 12, 2018, 12:05:25 PM



Title: [2018-1-12] US Marshals to Auction 3,813 Bitcoins
Post by: DowBit on January 12, 2018, 12:05:25 PM
Us Marshals have announced in a press release the sale of 3,813 Bitcoins ($53,000,000 USD) seized from several federal criminal, civil and administrative cases. Interested bidders have until 12 PM EST on January 19th, 2018 to register. However, bidders have to deposit $200,000 — in cash — to participate.

Online Bitcoin Auction
The online auction will take place on January 22nd from 9:30 AM EST until 3:30 PM EST.

Only eligible registered bidders who have received an official Bid Form from the USMS may participate in the online auction.

In order for your bid to be considered by the USMS, you must send via email to USMSBitcoins@usdoj.gov a signed pdf copy of the Bid Form within the online auction period window, which extends from 9:30 AM EST until 3:30 PM EST on Monday, January 22, 2018. Bids received before or after the online auction period will not be considered. Bids that do not conform to the instructions will not be considered.

USMS will choose a winner based on the following criteria:

The eligible bidder who offers the highest price will be the prevailing bidder;
If there are multiple bids at the highest price, the first bid received will prevail; and
If a winning bidder defaults, the next highest bidder will be declared the winning bidder.

more: https://dowbit.com/us-auction-bitcoins/