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UK Police to Auction $662,000 Worth of Seized Bitcoin — No Minimum Bids
Announced earlier this month, Irish auction house Wilsons Auctions has set no reserves, and will sell seized Bitcoin totaling $662,000 (£500,000) to the highest bidder.
From TheNextWeb:
Police reportedly seized the stash from a criminal who had illegally sold personal data and provided hacking services in exchange for cryptocurrency. Other assets to be auctioned include Ethereum, Ripple (XRP), and other unnamed tokens.
Lots ranging from 0.25 to 2 BTC will be sold across two days, with higher set amounts for other tokens. Wednesday’s sales will be online-only, with Thursday’s open to both online and physical bidders, and will include other seized items such as cars, luxury watches, as well as other jewellery.
Wilsons Auctions had previously auctioned off 315 seized BTC ($3.1 million) on behalf of Belgium’s government back in March.
The price of Bitcoin has mostly hovered between $10,000 and $11,000 during the summer following a sharp rise earlier in the year.
Blockchain-Based Mafia War Games Introduced
(September 23, 2019) -
"Just like in the mob, all of the family members get a cut of the earnings at the end of the month, with shares distributed according to in-game performance."
— Caroline Orr (@RVAwonk) September 20, 2019
https://t.co/6g1MbDB45Z
