US Marshals to Auction $37M in Confiscated Bitcoin in February
Cointelegraph
Published Feb 03, 2020 03:38PM ET
Updated Feb 03, 2020 05:22PM ET
US Marshals to Auction $37M in Confiscated Bitcoin in February
The United States Marshals Service (USMS), a federal law enforcement agency within the U.S. Department of Justice, will auction more than 4,000 confiscated Bitcoins (BTC).
According to the official USMS website, the authority is planning to sell “approximately” 4,040 Bitcoins (4,040.54069820), requiring a $200,000 deposit in order to take part in the auction. The USMS said it will return the deposits to non-winning bidders, promising to initiate the return of losing bid deposits within five business days after transferring bitcoins to the winning bidder.
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Written By: Cointelegraph
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