US Marshals to auction seized bitcoin

Published June 12, 2014 10:04pm ET



NEW YORK (AP) — The U.S. Marshals Service said Thursday it will auction roughly $18 million in bitcoins seized last fall from Silk Road, a website that was effectively the eBay of illegal drugs.

The marshals said Thursday that they will auction the virtual “coins,” consisting of sets of numbers entered in an online public ledger, via the Web on June 27.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.