The U.S. Marshals Bitcoin Auction

FBI

When the infamous darknet marketplace Silk Road was shut down by the F.B.I on October 2013, the U.S. government seized roughly 144,000 bitcoins and the U.S. Marshals’ office announced that they will sell the seized bitcoins in a three-part auction. Continue reading

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From Multi-Millionaire to Washing Dishes

charlie shrem

Founder of BitInstant and Vice President of The Bitcoin Foundation, Charlie Shrem was one of the first Bitcoin entrepreneurs, he was a Bitcoin pioneer as one of the integral players in the decentralization of finance and it paid off big time, until he allowed a customer to resell Bitcoin on Silk Road, the infamous deep web black market. Continue reading