U.S.A.: This week, the U.S. Marshals Service confirmed the sale of more than 3,600 bitcoin — roughly $31 million at current prices — to five winning bids in a recent auction. This is the first auction of seized bitcoin since 2016, when the agency sold the remaining 2,700 bitcoins of the 144,000 BTC seized from […]

Earlier today, venture capitalist and angel investor Tim Draper announced that he was the sole winner of the nearly 30,000 BTC auction of bitcoins seized from the Silk Road. Draper’s firm, Draper Fisher Jurvetson, is extremely well known in investment circles, backing high-profile projects like Skype, Hotmail and Tesla Motors long before they were known […]