The auction of such a kind is the first one in Australia and the second in the world.
The final auction of confiscated Silk Road bitcoins resulted in four winners, the U.S. Marshals Service spokesperson said on Thursday.
New York-based bitcoin exchange itBit won five blocks of the digital currency which is equal approximately to 10,000 bitcoins.
The United States Marshals Service has sold the last 44,000 bitcoins seized from the Silk Road marketplace.
The US Marshals Service plans to auction off the final chunk of 44,341 bitcoins confiscated from the Silk Road online dark market.
The U.S. Marshals Service (USMS) has recently announced the results of its third auction for another set of Bitcoins confiscated from the Silk Road marketplace.
The U.S. Marshals Service has announced that a syndicate of investors organized by the trading division of SecondMarket and its Bitcoin Investment Trust won 48,000 of the 50,000 bitcoins recently auctioned by the service.
The US Marshal’s Service is reporting that 11 registered bidders submitted 27 bids, while the first Silk Road Bitcoin auction had 35 registered bidders that put in 63 bids.
The U.S. Marshals Service is likely to sell off 50,000 bitcoins, confiscated from Silk Road in 2013, at lower prices.
USMS (the U.S. Marshals Service) announced that it will auction off 50,000 Bitcoin belonging to Ross Ulbricht, the alleged mastermind of the original Silk Road.