Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service

Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals ServiceThe U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according to documents released on Wednesday. USMS Pens a Deal With Bitgo During the last […]

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US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks

US Government Auctioning off Bitcoins Worth $37 Million in 2 WeeksThe U.S. government has opened registration for the bidding of over 4,040 bitcoins, currently worth more than $37 million, which will be auctioned off on Feb. 18. The winning bidder will be notified on the same day. These bitcoins were forfeited in various federal criminal, civil and administrative cases, the U.S. Marshals Service explained. Also […]

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US Marshals Seeks New Recruit to Dispose of Seized Crypto

The U.S. Marshals Is Looking to Hire Someone to Dispose of Seized CryptoThe U.S. Marshals is looking to hire an individual who can manage cryptocurrencies for the Asset Forfeiture Division. Over the last few years, the law enforcement agency has seized thousands of bitcoins from a variety of investigations. Now the Marshals are in need someone who is competent enough to handle matters like wallet creation, managing […]

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US Marshals Service Announces Auction of 660 BTC

US Marshals Service Announces Upcoming Auction of 660 BTCThe United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000. Also Read: Trump Tariffs to Impact Chinese Mining Hardware Manufacturers USMS to Auction Forfeited BTC in […]

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Silk Road Questions Unanswered as Ulbricht Gathers 60K Clemency Signatures

Silk Road Questions Unanswered As Ulbricht Gathers 60K Clemency SignaturesRoss Ulbricht was sentenced to life in prison back in 2015 for operating the Silk Road marketplace but many people believe he should be set free. The Ulbricht family, aided by his new Twitter account @RealRossU, has managed to gather close to 60,000 signatures in a petition for his clemency. Meanwhile, many questions surrounding the […]

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U.S. Marshals Auction Completes the Sale of 3,800 BTC

U.S. Marshals Auction Completes the Sale of 3,800 BTCThe U.S. Marshals revealed this week it completed the auction that saw the sale of 3,813 bitcoins ($31Mn USD) on January 22. The bitcoins were seized from various civil forfeitures and criminal cases involving U.S. law enforcement agencies like Homeland Security and the Federal Bureau of Investigation (FBI). Also read: Weiss Ratings Defends its Decision to […]

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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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US Government to Sell Bitcoin Seized from Dark Web Dealer

US Government to Sell Bitcoin Seized from Dark Web DealerThe US government has been approved by a federal judge in Utah to sell 513 Bitcoin and 512 Bitcoin Cash seized from an investigation involving Aaron Michael Shamo, a dark web dealer. Also Read: Bitfury as Big Brother: Mining Company Tracks Bitcoiners 513 Bitcoin and 512 Bitcoin Cash The U.S government is expected to sell all […]

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