U.S. Plans to Auction Off Nearly 30,000 Bitcoins Seized in Crackdown on Online Marketplace for Illicit Drugs

Steve Neavling ticklethewire.com The U.S. government plans to unload nearly 30,000 bitcoins – valued at $17.3 million – during an auction later this month after seizing the currency as part of an FBI crackdown last year on an illicit online marketplace for drugs, the Wall Street Journal reports. Some of the bitcoins seized from Silk Road …

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