*Update: user bitcoin has linked to the U.S. Marshalls declaring a sale of 29,656.51306529 bitcoins http://www.usmarshals.gov/assets/2014/bitcoins/. Registration, accompanied by a deposit of $200k USD, will occur by Monday June 23rd, 2014. Online bidding will take place Friday June 27th, 2014. Winning bidders to be notified the following Monday, June 30th, 2014. Winners must make final payments by Tuesday, July 1st, 2014.*
This gives us 15 days until the online auction begins. Very short term event happening here.
There has been rumors of VC attempting to purchase the coins that the FBI seized from DPR's Silk Road accounts.
The ~173,000 coins sat dormant from 10/25/2013 for 230 days until 6/12/2014. Is the FBI simply doing some type of account management, or are they preparing for sale?
These coins account for approximately 1.3% of the current coins in circulation. Is demand strong enough to absorb this quantity over a short period of time? How will the price be affected?
https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
Address first seen 2013-10-25 01:27:54
https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX
2013-10-02 10:27:16