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The auction relates to te US federal marshals auctioning off...

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    The auction relates to te US federal marshals auctioning off bitcoins they seized from Silk Road, a website that connected drug dealers and buyers, all deals/transactions were made with bitcoin. They also seized bitcoin from the sites founder, around 188,000 total if I recall. They've been auctioning them in chunks of 30-50,000 at a time. This was the 3rd of 4 auctions
 
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