US Marshal service plans to auction 3,813 Bitcoins

posted 9 days ago
The U.S. Marshals Service will auction off 3,813 bitcoins seized in connection with federal, civic and administrative cases. The coins are worth almost $54 million at current prices.

The auction by the Department of Justice agency will take place during a six-hour period on Jan. 22. The bitcoins will be offered for sale in 11 blocks, the largest of which will contain 813 bitcoins. Participants are required to make a deposit of $200,000, the agency said in a statement Thursday.
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