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U.S. Marshals’ bitcoin auction produces one anonymous winner

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By Nate Raymond and Gertrude Chavez-Dreyfuss

(Reuters) – The U.S. Marshals Service had one winner in its auction of nearly 30,000 bitcoin, a spokeswoman said on Tuesday, without revealing the name of the successful bidder.

The U.S. Marshals Service held an auction on Friday for 29,655 bitcoin seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be obtained. The winner was notified on Monday evening and the transfer of bitcoin took place Tuesday, according to Lynzey Donahue, spokeswoman for the USMS.

The auction drew 63 bids from 45 registered bidders on Friday. The price of bitcoin rose on Tuesday, adding to Monday’s gains. It was last priced at $652.02, up 2 percent on the session, and has gained more than 15 percent since June 25, according to digital currency exchange Coindesk.

Several prominent participants have come forward to say that their bids were not accepted. Barry Silbert of SecondMarket Holdings, which runs a bitcoin investment platform, said on Monday his firm was outbid, as did hedge fund Pantera Capital, which bid below the market price, according to Pantera chief executive Dan Morehead.

Bitcoin Shop Inc, which trades on the over-the-counter market OTCQB, said in a release on Tuesday that its bid had also been rejected. The virtual currency ecommerce company bid directly in the auction as well as through a syndicate organized by SecondMarket.

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“Bitcoin Shop will continue to evaluate investment opportunities such as this in the future,” the statement said.

Silk Road was shut after an FBI raid in September 2013 as agents took control of its server and arrested Ross Ulbricht, a Texan who authorities said owned and operated the website.

(Reporting by Nate Raymond and Gertrude Chavez Dreyfuss; Writing by David Gaffen; Editing by James Dalgleish and Gunna Dickson)

[Image via Agence France-Presse]

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The right-wing scored more in years of Trump than eight years of George W. Bush: report

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President George W. Bush oversaw eight years that restricted rights, banned LGBTQ equality, appointed anti-choice judges and so much more. But under Donald Trump's presidency, social conservatives have managed to roll back any progress made by President Barack Obama's leadership.

A new Axios report listed out any anti-LGBTQ, anti-women and anti-poor policies.

“He campaigned saying that he would be a good friend to LGBT people,” James Esseks, director of the ACLU’s LGBT and HIV Project, told VOX. "Actions speak far louder than words. And what he's done has been a wreck."

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Pete Buttigieg says ‘statistically’ we’ve already had a gay president — meet President James Buchanan

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In an interview with Axios, Mayor Pete Buttigieg said that "statistically" it makes sense that out of the 45 presidents in American history, one of them was LGBT. Statistics aside, the reality is that former President James Buchanan has prompted historians to question.

The moment came when the Axios HBO show questioned what the young mayor would do when he's attacked for being "too gay."

"Republicans claimed that John Kerry was a traitor in Vietnam. That Barack Obama was a Muslim. If you were to win the nomination, they'll say you're too young, too liberal, too gay to be commander-in-chief. You are young. You are a liberal. You are gay. How will you respond?" asked Mike Allen.

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New biographer claims she knows how Kim Jong Un will die

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A new biography about Kim Jong Un by Anna Fifield is uncovering many of the unique moments in the childhood of the North Korean dictator. But one piece that isn't included in the book is her prediction for how the leader will die.

In a CNN interview with Brian Todd, Fifield explained that Kim's chain-smoking, drinking and consumption of rich and fatty foods would likely be his undoing. She doesn't anticipate he'll ever have a coup d'etat, but he could probably have a heart attack.

Other shocking observations she made include that Kim's parents had to bring in children so that he would have someone to play with him, effectively meaning his "friends" were paid for.

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