The US government will auction off $53 million of bitcoins

pulse

January 11, 2018 5:59 PM

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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