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U.S. Holds Final Auction of Bitcoins From Silk Road Case
On Thursday the U.S. government began its final auction of the bitcoins seized during the prosecution of the creator of the online drug market, Silk Road. The site was black market where the virtual currency could be used to buy illegal drugs and other goods. The auction started at 8am Eastern Standard time. The government will auction about 44,341 bitcoins worth roughly $17.8 million. Bitcoins have become the preferred currency for moving money quickly and anonymously around the world without...
From: Wochit News
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