The U.S. Marshals are set to auction off about 660 bitcoin forfeited in federal criminal, civil and administrative cases, worth about $4.3 million.
The U.S. Marshals Service has announced that it will auction off more than 3,800 bitcoins later this month.
Investor Adam Draper recounts the day the US government sold 30,000 bitcoins at auction – and his father won.
The US government has announced it intends to sell off just over $1.6m in bitcoin confiscated from various criminal cases.
The US Marshals Service has revealed that its fourth and final auction of confiscated Silk Road bitcoins resulted in four winners.
Bitcoin exchange itBit has emerged as the first of what could be as many as three winners in last week's US government bitcoin auction.
The final US Marshals auction of 44,000 bitcoins confiscated during the investigation into online black market Silk Road drew just 11 bidders today.
Two-time auction winner Tim Draper has revealed to CoinDesk that he is not participating in today’s auction of more than 44,000 BTC.
The US Marshals Service is auctioning off the remaining 44,000 BTC confiscated from Ross Ulbricht during the Silk Road investigation today.
Digital Currency Group's Genesis Trading and bitcoin hedge fund Binary Financial are set to participate in a government auction of bitcoin this week.