US Marshals To Hold Bitcoin Auction Worth $50 Million

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Ever wonder what happens after a big Bitcoin-based bust?

The U.S. Marshals Service will host a sealed bid auction for approximately 3,813 Bitcoins.

That's currently worth about $51.5M.

The auction will take place on January 22 from 9:30AM until 3:30 PM EST.

Interested in bidding? You may not be able to unless you pool your assets.

To enter, participants must register with USMSBitcoins@usdoj.gov by 12PM on January 19th. A $200,000 deposit is required to participate.

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