Bitcoin Trust the big winner in US Marshals’ auction

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Of the 50,000 bitcoins up for auction, the Bitcoin Investment Trust bidding syndicate walked away with 48,000 of them. The US Marshals’ Service confirmed that the syndicate, which includes the Bitcoin Trust and the trading division of Barry Silbert’s SecondMarket, won the majority but would not disclose the winning price. Tim Draper, who swept June’s auction, pocketed the remaining 2,000 bitcoin. Last week’s auction of the bitcoin seized from Silk Road’s alleged operator drew low numbers — only 11 registered bidders participated, and now we know two of them.

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