The US Marshals Service auctioned off 50k bitcoin last Thursday. They notified the winner(s) on Friday Dec. 5th. The auction is sealed however, and the USMS will not be releasing publicly the winner or the price they paid. In the last auction, the winner Tim Draper volunteered the information. We can only hope that the winner(s) of this auction do the same.



What We Know: Venture Capitalist Tim Draper, who won all 30k of the bitcoin auctioned by the USMS earlier in the year, only won a single block of 2k bitcoin in this auction. In an email to NYTimes reporter Sydney Ember, Draper seems to imply that he was outbid. “I will have to buy some more Bitcoin on the open market to fulfill my commitment to the new batch of Boost companies,” Mr. Draper said in an email. That would suggest that Draper did indeed bid for more than just one block but was outbid. Draper has been very bullish so this may suggest that the price per bitcoin was over market price.



Our USMS Auction Hub was the go-to source as the news unfolded and will be updated as more information becomes available. We also offer breaking news alerts so you can be notified immediately when any USMS Auction results come out.



According to the US Marshals service, there were 11 bidders in the auction. However, some of those bidders were syndicates that pooled bids from many smaller bidders. For instance, there were 104 bids place through the Bitcoin Investment Trust syndicate but the USMS only counted that as a single bidder. At this point, all bidders now know whether or not they won any of the auctioned bitcoin, but Tim Draper is the only one who has made a public announcement. We hope to hear more public announcements regarding individual bid outcomes during this week, but we remind you that it is up to each bidder whether or not they choose to disclose their bid and result.