Washington, D.C. – The U.S. Marshals are auctioning approximately 4,040 bitcoins in connection with various federal criminal, civil and administrative cases.
To register, potential bidders must complete all registration requirements by Feb. 12. A $200,000 deposit is required to participate. Deposits will be returned to non-winning bidders.
The auction will take place during a 6-hour period Feb. 18. Bids will be accepted by email from pre-registered bidders only.
The winning bidder will be notified Feb. 18. Further details on the auction are available at FebBitcoinAuction.
The Department of Justice Asset Forfeiture Program is a key component of the federal government's law enforcement efforts to combat major criminal activity by disrupting and dismantling illegal enterprises, depriving criminals of the proceeds of illegal activity, deterring crime and restoring property to victims. The U.S. Marshals Service plays a critical role in identifying and evaluating assets that represent the proceeds of crime as well as efficiently managing and selling assets seized and forfeited by Department of Justice.