US Government will auction Bitcoin seized from Silk Road

The drug sale site was closed in 2013

The United States government will auction the Bitcoin seized from Silk Road, which has an approximate value of $ 18 million.

Silk Road is the infamous online illegal drug sale service that was put offline several months ago and that, as in the case of most drug trafficking operations, its activities were linked to violent deaths, in addition to the sale of narcotics

The amount that the US government will auction is 29,656.51306529 Bitcoin. Buyers will have to provide the total cost in cash, but they are not required to buy all virtual currencies. In fact, they separated into several blocks and those who want to participate in the auction may bid for one or more of them.

The seized Bitcoin was obtained from the Silk Road servers in January this year, although the amount that will be auctioned does not include those owned by Ross Ulbricht, the website's leader and who will face a trial in November for narcotics trafficking. hacking and money laundering.