Cybersecurity
Bitcoins Taken From Silk Road to Be Sold in Second Auction
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The U.S. government is auctioning 50,000 bitcoins as it disposes of the virtual currency seized after closing down the illicit Silk Road marketplace last year.
The tender is the second sale after the U.S. Marshals Service sold almost 30,000 bitcoins in June, with venture capitalist Tim Draper emerging as the sole winner. Today’s auction attracted 11 bidders, the agency said, compared with 45 bidders the last time.