Silk Road bust: This will be the auction of the last batch of coins confiscated in the Ulbricht prosecution case.
The US government announced that it would hold a final auction of bitcoins seized during the prosecution of the creator of Silk Road, an online black market where illegal drugs and other goods could be purchased with the digital currency.
The US Marshals Service said it would hold an online auction on Nov 5 for about 44,341 bitcoins.
The auction will be the last of bitcoins the government took into custody while prosecuting Ross Ulbricht, who authorities say ran Silk Road and was sentenced in May to life in prison. — Reuters
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