US Marshals Plan to Auction $52M Worth of Seized Bitcoins

US Marshals Plan to Auction $52M Worth of Seized BitcoinsThe U.S. Marshals announced on January 11 that the agency has plans to have another online bitcoin auction on January 22. The six-hour auction will see the sale of 3,813 bitcoins ($50Mn USD) seized from various criminal cases. Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion A Six-Hour Online Bitcoin Auction […]

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Ross Ulbricht’s Fate in the Hands of the US Supreme Court

Ross Ulbricht’s Fate in the Hands of the US Supreme CourtRoss Ulbricht formally submitted a writ of certiorari to the Supreme Court of the United States (SCOTUS), seeking a hearing for the overturn of a decision upheld this year by the Second Circuit Court of Appeals. Mr. Ulbricht’s double-life sentence without the possibility of parole is at stake. Also read: Bundesbank Board Member: No Plans […]

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Bitcoiners Increasingly Targeted by Police as Prices Yield Large Asset Forfeiture Gains   

Bitcoiners Increasingly Targeted by Police as Prices Yield Large Asset Forfeiture GainsThe Department of Justice has announced another potential auction of seized bitcoin, totalling over 8 million USD. There’s a noticeable uptick in bitcoin-related prosecutions since at least 2014 and the Ross Ulbricht, Silk Road affair. With the price of bitcoin rising to stratospheric heights, the phenomenon has made bitcoiners relatively wealthy; it might have also […]

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