Home / CRYPTOCOINS / US Marshals Successfully Auction $30 Million in Bitcoin

US Marshals Successfully Auction $30 Million in Bitcoin

The U.S. Marshals Rite confirmed Thursday that more than 3,600 bitcoin sold at auction in January participate in been successfully transferred to five winning bidders.

An unknown prizewinner received 1,600 bitcoin (worth about $13.4 million at newspaperwomen time), the agency confirmed in an email today, with the remaining consumers receiving 500, 500, 200 and 813 bitcoins (worth $4 million, $4 million, $1.6 million and $6.7 million), singly.

With the exception of Riot Blockchain, which claimed one of the two 500-bitcoin a mountains, the names of the winners were not disclosed. Riot voluntarily announced it had gained 500 bitcoins shortly after the sale.

Notably, the agency adrift up selling 100 bitcoins less than anticipated, a development it utter was due to unforeseen technical issues. The agency is now maintaining custody of those assets.

Measuring back, the sale marks the first time since 2016 that the activity has auctioned off bitcoins. At the time, the agency sold 2,700 bitcoins for a profit of less than $2 million.

The power first announced its most recent sale on Jan. 11 revealing at the interval that it was auctioning a little more than 3,800 bitcoins, advantage about $54 million.

The day after the sale, the agency confirmed it had clear 111 bids from 62 unique registered bidders. To display, each bidder had to deposit $200,000 and complete a registration process.

When the bitcoins were sold on Jan. 22, they desire have been worth roughly $42 million.

Auction mallet notion via Shutterstock

The leader in blockchain news, CoinDesk is an independent media safety-valve that strives for the highest journalistic standards and abides by a strict set of op-ed article policies. Have breaking news or a story tip to send to our journalists? Write to us at [email protected]

Check Also

The Biggest Story in Crypto: The Stablecoin Surge and Power Politics

Offer hospitality to to Opinionated, a new podcast featuring CoinDesk’s leading columnists and contributors. I’m …

Leave a Reply

Your email address will not be published. Required fields are marked *