US Marshals Office Auctions Off Another $18.7M in Bitcoin

The U.S. Marshals Office successfully sold 2,170.7 bitcoins to two bidders in its most recent auction on March 9, a spokesperson announced Thursday.

In a press statement, the spokesperson said that the bitcoins had been distributed to the winning bidders, one of whom received 2,100 and the other who bought the remaining 70.7.

It is unclear whether the bitcoins were bought at market prices, but at press time the combined total value of the bitcoins was roughly $18.7 million.

Forty-two bidders registered for the auction, and 39 bids were received, the spokesperson said.

The auction was announced on March 5, when the Marshals stated the coins would be sold in 14 different blocks (as in “lots,” not the cryptocurrency meaning of the word)…

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