US Marshals to Auction $4.3 Million in Bitcoin Next Month

The U.S. Marshals have announced a plan to auction off nearly $4.3 million worth of bitcoin next month.

The government agency said in an announcement on Wednesday that the sealed bid auction is for about 660 bitcoin that were forfeited in federal criminal, civil and administrative cases.

Scheduled to start on Nov. 5, the auction requires would-be bidders to deposit $200,000 after registering their identification with the agency no later than Oct .31.

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