FOR SALE29,656.51306529 bitcoins
THIS NOTICE DOES NOT CONSTITUTE AN OFFER TO SELL BUT INVITES INTERESTED PARTIES TO SUBMIT A BID FOR PURCHASE. THE FOLLOWING INFORMATION IS BEING PROVIDED WITHOUT RECOURSE TO THE UNITED STATES OF AMERICA OR THE UNITED STATES MARSHALS SERVICE.
THIS AUCTION IS FOR THE BITCOINS CONTAINED IN WALLET FILES THAT RESIDED ON SILK ROAD SERVERS, INCLUDING THE SERVERS ASSIGNED THE FOLLOWING INTERNET PROTOCOL ADDRESSES: 220.127.116.11; 18.104.22.168; 22.214.171.124; 126.96.36.199; 188.8.131.52; AND 184.108.40.206 (“SILKROAD SEIZED COINS”).
THIS AUCTION DOES NOT INCLUDE THE BITCOINS CONTAINED IN WALLET FILES THAT RESIDED ON CERTAIN COMPUTER HARDWARE BELONGING TO ROSS WILLIAM ULBRICHT, THAT WERE SEIZED ON OR ABOUT OCTOBER 24, 2013 (“DPR SEIZED COINS”).PLEASE READ ALL INSTRUCTIONS CAREFULLY. FAILURE TO COMPLY WITH ANY OF THE FOLLOWING INSTRUCTIONS WILL RESULT IN DISQUALIFICATION FROM THIS ONLINE AUCTION.Phase I: Bidder RegistrationDeadline: 9:00 AM EDT on Monday, June 16, 2014
Deadline: Noon EDT on Monday, June 23, 2014 All interested parties must first register with the USMS. You are not eligible to submit a bid or otherwise participate in this auction unless you have submitted all required documents and have received confirmation from the USMS that you are an eligible bidder. Any registration documents received after the deadline will not be considered.
Required Registration Items:
The deposit of the winning bidder will be retained by USMS and credited towards the purchase price. If the winning bidder fails to close on the transaction through no fault of the USMS, the winning bidder will irrevocably forfeit his/her/its deposit to the USMS. The deposit of any bidder whose bid is not selected as a winning bid will be returned by wire transfer to the original account from which the deposit was received.
Phase II: Online Auction PeriodDate: Friday, June 27, 2014, from 6:00 AM EDT to 6:00 PM EDT
Only eligible registered bidders may participate in the online auction. In order for your bid to be considered by the USMS, you must send a signed pdf copy of the Bid Form to a separate email address that will be provided to eligible bidders only within the online auction period window, which extends from June 27, 2014 at 6:00 AM EDT until 6:00 PM EDT. Bids received before or after the online auction period will not be considered. Bids that do not conform to the following instructions will not be considered.This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”).
|Series||Bitcoins per Block||Blocks Available||Total Bitcoins Available in Series|
1. The eligible bidder who offers the highest price will be the prevailing bidder;2. If there are multiple bids at the highest price, the first bid received will prevail; and3. If fewer than all of the Series A blocks are sold to the highest bidder, the remaining blocks will be sold to the successive highest bidders until all blocks are sold.Phase III: Award and Sale Close
On Monday, June 30, 2014, by 5:00 PM EDT, the USMS will notify the winning bidder/bidders that their bid/bids has/have been selected. Any winning bidder must send the purchase price funds (less the $200,000 deposit amount) by a wire transfer originating from a bank located within the United States and provide a wire transmittal receipt to the USMS by 5:00 PM EDT, Tuesday, July 01, 2014. It is the responsibility of the winning bidder to understand their bank’s deadline for initiating wire transfers in order to ensure that the domestic wire transfer is initiated and a wire transmittal receipt provided to the USMS by the deadline. Failure to provide the USMS with a copy of the wire transmittal receipt by the deadline will result in disqualification, forfeiture of the deposit, and award to another bidder.
Bitcoins will be transferred to winning bidders in the order that each winning bid was received. No bitcoin transfer will be made until the USMS has confirmed receipt of all purchase funds. The winning bidder(s) will be given private instructions related to the transferring of the bitcoins.
TERMS OF SALE:
Bidder registration and deposit due by Noon EDT
USMS notifies parties about eligibility to participate in the online auction
Online auction period from
6:00 AM EDT to 6:00 PM EDT
Winning bidder notified by 5:00 PM EDT
Deadline for winning bidder to initiate wire transfer