US Marshals have announced a new auction of the Silk Road heritage to take place in March. 50,000 BTC will be sold in 20 blocks of 2,000 BTC and 3,000 BTC.


This will be the third time that bitcoins owned by Ross Ulbricht are auctioned off. The government seized the digital funds contained in a wallet on his PC in October 2013. Since then, two auctions were held in June and December when 30,000 BTC and 50,000 BTC respectively were put on sale. The first portion was won by venture capitalist Tim Draper, while the majority of the second auction's coins were bought by the Bitcoin Investment Trust bidding syndicate, leaving Draper only the remaining 2,000 BTC.

This auction will nearly exhaust еру 144,336 BTC confiscated from Ulbricht's laptop by the FBI in 2013. Ross Ulbricht was found guilty of selling drugs and money laundering under the pseudonym of Dread Pirate Roberts, the leader of the Silk Road websiteб on February 4th, 2015.

The announced online auction will take place from 8:00am EST to 2:00pm EST Thursday, March 5th, 2015. 

As in previous auctions, the federal agency invites potential bidders to register and submit required documents including IDs and a deposit from an account in a registered US bank. The bids must be placed by 5:00 P.M. EST on Tuesday, March 3rd, 2015. For participation in each series of 2,000 BTC and 3,000 BTC, separate deposits will be required.