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Bitcoin auction had one winner: U.S. Marshals Service
July 1, 2014 / 8:50 PM / in 3 years

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

(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.

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

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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