U.S. marshals to auction 50,000 bitcoins from Silk Road

By Jonathan Stempel and Nate Raymond NEW YORK (Reuters) - The U.S. government on Wednesday said it plans to auction 50,000 bitcoins on March 5, following the recent criminal conviction of Ross Ulbricht for being the mastermind behind the online black market known as Silk Road. The auction being conducted by the U.S. Marshals Service is the third for bitcoins seized in connection with Silk Road, which prosecutors said let customers buy and sell drugs and other illegal goods beneath the radar of l