Cornering the Bitcoin market may be easier than cornering orange juice futures.
Paramount Pictures / Aurich Lawson
On Thursday, the United States Marshals Service posted a notice that it will be administering the sale of the over 29,600 bitcoins seized in the Silk Road case. At present exchange rates, those bitcoins are worth over $17.5 million.
These bitcoins resided in six different wallets found on Silk Road servers and do not include the “bitcoins contained in wallet files that resided on certain computer hardware belonging to Ross William Ulbricht, that were seized on or about October 24, 2013.”
The USMS said that the first deadline for bidders will be 9am Eastern Time on June 16, 2014.
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