Monday, November 9, 2015

New York Exchange itBit Wins 10,000 BTC in Silk Road Auction  

New York exchange itBit has revealed it successful bit for and won five auction blocks during last week’s bitcoin auction conducted by the United States Marshals Service (USMS). The U.S. government held its final auction of seized bitcoins from Darknet drug market Silk Road on Thursday, last week in an event that saw the sale of 44,341 BTC. With a total of 21 blocks, 20 auction blocks contained 2,000 BTC with one additional block of 2,341 BTC. At the time of announcing the auction, a notice from the USMS read: These bitcoins were held in wallet files that resided on […]

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