U.S. Marshals to Hold Online Auction for 2,170 Bitcoin Seized by the Agency

The U.S. Marshals have put forth plans to auction off 2,170 Bitcoin it and other U.S. law enforcement agencies have confiscated in criminal cases. As of today, February 5th, the Bitcoins have a value of over $25 million. According to the Marshals Service, the online sale is set to take place on March 19th. The auction will consist of 14 separate blocks: two blocks of 500 BTC, 11 blocks of 100 BTC, and one block for 70 BTC.
To participate, would-be bidders are required to submit a $200,