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updated: 6/13/2014 7:40 AM

U.S. Marshals to auction seized bitcoin

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  • Ross William Ulbricht

    Ross William Ulbricht
    Associated Press

 
Associated Press

The U.S. Marshals Service said Thursday it will auction roughly $18 million in bitcoins seized last fall from Silk Road, a website that was effectively the eBay of illegal drugs. The marshals said Thursday that they will auction the virtual "coins," consisting of sets of numbers entered in an online public ledger, via the Web on June 27.

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