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The Bitcoin Auction

Total supply: 200

Almost 30,000 bitcoins seized from the Silk Road, the defunct darknet market, were auctioned in 2014 by the US Marshals Service. The USMS has revealed that 45 bidders registered, each putting down a deposit of $200,000, and that 63 bids were received. The process was carried out as a blind auction. The fact that the federal government of the United States treated BTC as legal asset, and liquidated it like any other financial assets was legitimizing for the digital currency.

Date

January 16, 2022

Category

(V) Uncommon
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Documenting the history of Bitcoin.

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