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The Results of the Third USMS Bitcoin Auction are "Half-In"

Avatar Guest Author 5 years ago

The third US Marshals Service bitcoin auction has come to a close, but the results are only “half-in.”

Basically, three winners have emerged from the auction, but after all this waiting no one is revealing their names.  The winners are not coming forward to introduce themselves to the public and according to USMS spokesperson Lynzey Donahue, the US Marshals Service are unable to reveal their identities unless they receive specific permission:

“We only confirmed winners’ names in the past if they voluntarily came forward.”

Either way, it looks as if the first place winning bid received 27,000 bitcoins, worth approximately $8 million at press time.  The second and third place winners took home 20,000 and 3,000 bitcoins, respectively.

US Marshalls 50,000 Bitcoin Auction complete Ulbricht

The trading desk at SecondMarket, which took home the first place prize at the previous bitcoin auction in December of 2014, has already come forth to explain that it was not amongst the list of winners.  Other large and confirmed players in the bidding war, such as hedge fund Pantera Capital and Binary Financial have thus far refused to comment.

This third auction saw heightened participation amongst crypto-enthusiasts, with 14 registered bidders making approximately 34 bids; a heavy and welcome increase from the participation records of the previous auction, which saw only 11 bidders placing a mere 27 bids.

A fourth and final bitcoin auction will be scheduled later this year, with the remaining 44,000 of Ross Ulbricht’s bitcoins set to be bought and sold.

In the meantime, Ulbricht is currently scheduled for sentencing in mid-May, but that may change if the alleged Silk Road mastermind is granted a retrial.  His defense is currently looking into the notion.

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