SecondMarket Inc. did not succeed in its bid for the Silk Road bitcoins that were auctioned off last Thursday, according to Bloomberg. The government agency running the auction has confirmed the end of the auction but its winners remain unknown.


The winning bidders among the total of 14 participants were reportedly notified about their success on Friday and are supposed to contact the agency by 2:00 pm EST today. The names of the winners will be revealed after all financial transactions are completed and the bitcoins are transferred to the winners, the U.S. Marshals said.

The trading division of SecondMarket, the New York-based stock market platform run by Barry Silbert, did not win any of the 2,000 and 3,000 blocks of bitcoins, Brendan O’Connor, managing director at SecondMarket, told Bloomberg.

Brendan O'Connor has confirmed the story to the CoinFox:

“We did participate in the auction, we did put in bids for all the bitcoins that were available and we did not win anything”

As CoinFox reported earlier, the company bid for every block on auction this time. In December 2014, Second Market's Bitcoin Investment Trust bought the majority of bitcoins. The venture capitalist Tim Draper, who won all of the 30,000 BTC up for sale in the first auction, said that he did not participate in the bidding process this time.

The U.S. Marshals have revealed that they are planning the final, fourth auction of 144,336 BTC confiscated from Ross Ulbricht’s laptop by the FBI in 2013. Ulbricht was found guilty of selling drugs and money laundering under the pseudonym of Dread Pirate Roberts, the leader of the Silk Road website, on February 4th, 2015.