US Marshals Schedule Auction of 27,000 Seized BTC
The auction stems from a high-profile darknet marketplace forfeiture.
The US Marshals Service on Friday announced an upcoming sealed-bid auction of approximately 27,000 BTC seized in connection with the prosecution of a darknet marketplace operator, the largest crypto auction since 2023.\n\nThe sale will proceed in five tranches over four months. Qualified institutional bidders must complete pre-registration and meet collateral requirements by the published deadline.
Stay ahead of the next enforcement action
Free weekday newsletter on indictments, sanctions, exploits, and rulings — for lawyers, journalists, and investigators.
UK Law Enforcement Returns 2,400 ETH to Hack Victim
Blockchain tracing partnered with a foreign exchange to freeze and recover the funds.
Dutch Authorities Seize €38M in Ransomware Proceeds
The funds were traced to a wallet cluster linked to a prolific ransomware-as-a-service operation.
Korean Prosecutors Freeze $48M Linked to Investment Fraud Scheme
Prosecutors used emergency civil procedures to halt outbound transfers.
