Bitcoin Forum
October 19, 2018, 03:59:20 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2015-02-09] ToI: US government to auction 50,000 bitcoins  (Read 2582 times)
polynesia
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000



View Profile
February 20, 2015, 03:27:12 PM
 #1

US government to auction 50,000 bitcoins

http://timesofindia.indiatimes.com/tech/tech-news/US-government-to-auction-50000-bitcoins/articleshow/46298651.cms?

The US government has said it plans to auction 50,000 bitcoins on March 5, following the recent criminal conviction of Ross Ulbricht for being the mastermind behind the online black market known as Silk Road.

The auction being conducted by the US Marshals Service is the third for bitcoins seized in connection with Silk Road, which prosecutors said let customers buy and sell drugs and other illegal goods beneath the radar of law enforcement.
1539921560
Hero Member
*
Offline Offline

Posts: 1539921560

View Profile Personal Message (Offline)

Ignore
1539921560
Reply with quote  #2

1539921560
Report to moderator
1539921560
Hero Member
*
Offline Offline

Posts: 1539921560

View Profile Personal Message (Offline)

Ignore
1539921560
Reply with quote  #2

1539921560
Report to moderator
1539921560
Hero Member
*
Offline Offline

Posts: 1539921560

View Profile Personal Message (Offline)

Ignore
1539921560
Reply with quote  #2

1539921560
Report to moderator
Some PGP public keys you should import: theymos, Wladimir, Gregory, Pieter
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
February 20, 2015, 03:33:31 PM
 #2

US government to auction 50,000 bitcoins

http://timesofindia.indiatimes.com/tech/tech-news/US-government-to-auction-50000-bitcoins/articleshow/46298651.cms?

The US government has said it plans to auction 50,000 bitcoins on March 5, following the recent criminal conviction of Ross Ulbricht for being the mastermind behind the online black market known as Silk Road.

The auction being conducted by the US Marshals Service is the third for bitcoins seized in connection with Silk Road, which prosecutors said let customers buy and sell drugs and other illegal goods beneath the radar of law enforcement.


Shortcut Cheat: Level 10.

Dont Sell Nothing, Dont handle volatilty. Just Bust and Sell, Lets call them proceeds from Crime!

polynesia
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000



View Profile
February 21, 2015, 03:01:15 AM
 #3

US government to auction 50,000 bitcoins

http://timesofindia.indiatimes.com/tech/tech-news/US-government-to-auction-50000-bitcoins/articleshow/46298651.cms?

The US government has said it plans to auction 50,000 bitcoins on March 5, following the recent criminal conviction of Ross Ulbricht for being the mastermind behind the online black market known as Silk Road.

The auction being conducted by the US Marshals Service is the third for bitcoins seized in connection with Silk Road, which prosecutors said let customers buy and sell drugs and other illegal goods beneath the radar of law enforcement.


Shortcut Cheat: Level 10.

Dont Sell Nothing, Dont handle volatilty. Just Bust and Sell, Lets call them proceeds from Crime!

Yup, the US government seems to have a perfect strategy. Smiley

The sooner these bitcoins are out of the control of the government, the better.
The uncertainty around what will happen if these coins are dumped will decrease.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!