UK Auction House to Sell $400,000 in Dark Web Bitcoin

bitcoin auction dark web
bitcoin auction dark web

Wilsons Auction House in the UK will be hosting a cryptocurrency auction for roughly 315 coins. The coins are spread across Bitcoin, Bitcoin Gold, and Bitcoin Cash. A full day long, the auction will begin on February 28. Originally seized by Belgian authorities, the coins were related to a dark web market. They have an estimated value of around 300,000 pounds sterling or close to USD$400,000.

Wilsons was previously the first to auction Monero, about 167 of them, which sold for less than 10,000 pounds.

The company says on its website that the contract attracted significant attention.

“The contract, which had significant interest from other companies across Europe, is the first of its kind awarded to an auction house and will see Wilsons Auctions facilitate the storage and sale of seized crypto assets managed by the Federal Government of Belgium.”

Read the full story on CCN.com.