The US Marshals Service announced that it would sell approximately 2,170 Bitcoins seized in various criminal, civil and administrative cases, press release of 5 March.

The auction will be held on March 19, 2018 from 8 am to 2 pm EDT. Bidders who wish to participate must complete the registration conditions by March 14 at noon, with a deposit of $ 200,000.

Bitcoins will be offered in 14 different blocks: two blocks of 500 BTC, 11 blocks of 100 BTC, and a block of about 70 BTC. Winning bidders will be notified privately on the same day as the auction.

The list of cases in which bitcoins have been seized is listed in an official notice posted on the US Marshals Service website. Among the cases listed is that of Shaun Bridges, the secret service agent who was convicted of stealing $ 800,000 in bitcoins in 2015.

The US Marshals Service has already auctioned sums Bitcoin seized in civil and criminal proceedings. On January 22, 2018, the agency sold 3,813 BTC, a sum that was worth more than $ 40 million by the day's courses.

Prior to this year, the last US Bitcoin sale took place in August, 2016, when 2,700 BTCs were sold. The estimated market value at the time amounted to nearly $ 1.6 million

As previously reported by Cointelegraph, public sales of cryptographic assets seized occurred in the whole world; in Ukraine, South Korea and Australia.