Cryptocurrencies

U.S. Marshals to Auction Bitcoins Valued at Around $25 Million

  • Digtal coins were seized in connection with various cases
  • Auction to take place, and winner to be notified March 19

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The U.S. Marshals Service will auction off 2,170 bitcoins valued at about $25 million that were seized in connection with federal, criminal and civic cases.

The auction will be conducted March 19. In one action, Justin Moreira pleaded guilty in connection with purchasing a firearm and silencer on a website for Bitcoins in April 2016, the agency said. His seller turned out to be a federal undercover agent.