Four Winners In The Last Silk Road Bitcoin Auction

ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. Silk Road 3 is up and running with a big selection of goods.

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 US Marshals Service just announced that its fourth auction of the Silk Road bitcoins (which was also the last) ended with four winners. This announcement verified the speculations that were surrounding the event held on 5th November. During this event, there were 11 registered bidders who were competing for blocks that were totaling to 44,000 BTC. They were valued at around $14.6M. The previous auction of 50,000 bitcoins was held in the month of March 2015. Two more auctions were held in June and December in 2014. The US Marshals Service revealed that the auction held on 5th November was the final auction.


It is only one of the winners who have been unmasked so far. Most people hope that the others will be unmasked sooner rather than later. iBit, a New York based bitcoin company has confirmed that it has successfully secured 5 blocks on behalf of a group of investors and clients. However, the figures that were provided by the US Marshals Service (USMC) shows that the total amount garnered by iBit was surpassed by another entity which is yet to be unmasked. The unknown entity garnered above 24000 BTC (this is roughly equal to $8.1M). The other unknown bidders claimed smaller fractions of the total. The agency said that the bidders won approximately 4000, 6000, 10,000 and 24,341.


The participation this time was once again down compared to the first auction held in June 2014. The June 2014 event attracted 45 bidders who placed 63 bids. The third bitcoin auction held in March 2015 also attracted more bidders than the latest event. There were 14 bidders who placed 34 bids.