The following excerpt is from an article that originally appeared on Hit and Run Reason
More than 3,800 Bitcoin will be auctioned on January 22, including those taken from vendors on cryptomarkets like SilkRoad and AlphaBay.
MARK GARLICK/SCIENCE PHOTO LIBRARY/NewscomThe U.S. Marshals will auction off more than 3,800 bitcoins seized with criminal and civil asset forfeiture in connection to a variety of investigations by the FBI, Department of Homeland Security, and other federal law enforcement agencies.
The bitcoins will be auctioned off January 22. There will be 11 blocks of bitoins for sale, ranging in size from 100 bitcoins to 813 bitcoins per block, the U.S. Marshals said in a statement. Anyone who wants to participate in the auction has until January 19 to register.
It’s not clear how much of the bitcoin was seized via civil asset forfeiture or without first obtaining a convinction.
This month’s auction will include bitcoins seized from Aaron Schamo, who waspost was originally published on this site