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The US government will auction off $53 million of bitcoins

The US Marshals is set to sell 3,813 seized bitcoins.

  • The US Marshals Service
  • Potential bidders have to register before January 19, and will need to put down a cool $200,000 deposit in order to participate. The deposit must be in US dollars and transferred via ACH. The Department of Justice does not appear to accept bitcoin.
  • The coins will be auctioned off in blocks of 500, 100, and 813 — meaning the smallest amount you could potentially purchase would be 100
  • Since it's not an open auction and bids are secret, winners will be notified on January 22, the agency says.
  • The

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