Bitcoin auction had one winner: U.S. Marshals Service

Tue Jul 1, 2014 4:49pm EDT

A bitcoin sticker is seen in the window of Locali Conscious Convenience store, where one of Southern California's first two bitcoin-to-cash ATMs began operating in Venice, Los Angeles, California, June 21, 2014. REUTERS/Lucy Nicholson

A bitcoin sticker is seen in the window of Locali Conscious Convenience store, where one of Southern California's first two bitcoin-to-cash ATMs began operating in Venice, Los Angeles, California, June 21, 2014.

Credit: Reuters/Lucy Nicholson

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(Reuters) - There was one winner in the U.S. Marshals Service auction of nearly 30,000 bitcoin, a spokeswoman said on Tuesday, without naming the successful bidder.

The U.S. Marshals Service auctioned off bitcoin seized from the Silk Road drug ring. There were more than 40 bidders in the auction, with a number of well-known players in bitcoin saying they were unsuccessful.

(Reporting by Nate Raymond; Editing by James Dalgleish)

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