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The U.S. Marshals Service (USMS) said on Monday it intends to auction $16 million worth of bitcoin (or nearly $16.1 million) confiscated during several cases, reports Reuters. The amount of the over 2,700 forfeited bitcoin was added up and shared with Reuters by bitcoin exchange...

On Thursday, the US Marshals Service (USMS) held its second auction of Bitcoins seized from Silk Road where 50,000 BTC were up for grabs. Investor Tim Draper, who bid on behalf of Draper Associates, bid successfully for 2,000 Bitcoins, according to statement emailed to Bloomberg....

On Monday, the US Marshals Service (USMS) announced it plans to auction off 50,000 Bitcoins – valued between $19 million and $20 million USD – that were seized in connection to the now-defunct online black market Silk Road, report several news outlets. According to Forbes,...