US government to auction 4040 bitcoins

The US Marshals Service will put up for sale 4,040 previously confiscated bitcoins, which at the current exchange rate is about $ 37.5 million. The auction should take place on February 18.

The total volume of the cryptocurrency will be broken down into separate lots, which they plan to sell out in six hours. Bids will only be accepted by email from accredited bidders.

US government to auction 4040 bitcoins

To obtain admission, everyone must register and make a deposit of $ 200 thousand, which will be returned to the participant if their bet does not win. In total, 4 lots will be presented for 2500, 1000, 500 and 40.54 bitcoins, respectively, three of which, in turn, will be divided into 5 and 10 blocks.

The last time the US held a similar sale was in November 2018..

According to the Marshals Service, the coins on display this time were seized in more than 50 confiscations and court cases..

Despite the struggle of law enforcement agencies with the use of cryptocurrency in illegal transactions, according to Chainalysis, in 2019 the darknet markets doubled their share in the total number of bitcoin transactions, and sales volumes for them with the participation of the leading cryptocurrency grew by 70%..

Investigation looks at violence, accountability in U.S. Marshal service

text: Ivan Malichenko, photo: US marshals, Shutterstock

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