31 May '16, 5am

$13 million in confiscated bitcoin to be auctioned by Australian police - CNET: A haul of 24,518 bitcoins...

If you want to get in on the Bitcoin action (and have the bank to back you up), now's a good opportunity. The Australian police will be auctioning 24,518 bitcoins seized as the proceeds of a crime. The exchange rate at the time of writing sees one bitcoin equal $534.18 -- so that's over $13 million worth of the digital cryptocurrency. It will be second time that such an auction has taken place, following the auction of over 144,000 bitcoins by the US Marshals Service last year. According to The Guardian , the Victorian state government confirmed that the bitcoins were seized in 2013 from a Melbourne drug dealer. This is potentially Richard Pollard , a Silk Road drug dealer who was arrested in 2013, resulting in the confiscation of around 24,500 bitcoins. The bitcoins will most likely be sold in lots of around 2,000. Ernst & Young will be conducting the auction, and will be...

Full article: http://www.cnet.com/news/13m-in-confiscated-bitcoin-to-be...

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$13 million in confiscated bitcoin to be auctio...

cnet.com 31 May '16, 5am

If you want to get in on the Bitcoin action (and have the bank to back you up), now's a good opportunity. The Australian p...

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cnbc.com 30 May '16, 6am

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bbc.co.uk 30 May '16, 1pm

A collection of bitcoins worth about £8m, which had been confiscated by police in Australia, will be auctioned off in June...

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bbc.co.uk 30 May '16, 12pm

A collection of bitcoins worth about £8m, which had been confiscated by police in Australia, will be auctioned off in June...

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coindesk.com 30 May '16, 6am

Global professional services firm Ernst & Young has announced it will auction off 24,518 BTC (worth $12.9m) originally con...

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news.sky.com 31 May '16, 6am

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mashable.com 02 Jun '16, 9am

Australians will soon be able to buy some Bitcoin along with the newspaper and a pack of gum. Launching Thursday, a new in...

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mashable.com 02 Jun '16, 9am

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Australia to sell £8m of seized Bitcoin https:/...

bbc.co.uk 30 May '16, 12pm

A collection of bitcoins worth about £8m, which had been confiscated by police in Australia, will be auctioned off in June...

Bitcoin has been on an explosive rally — and it's back through $500 — via @BIAUS https://t.co/DFz08IL4GY

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Ernst & Young $16 million Bitcoin auction - The Australian Financial Review

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afr.com 29 May '16, 4am

Mr Ulbricht was sentenced to life in prison for founding the anonymous online marketplace, Silk Road, famed for the buying...