FCW Insider

Blog archive

Report: U.S. Marshals’ email folly ruins bitcoin auction

email

The U.S. Marshals Service botched what was supposed to be an anonymous $18-million bitcoin auction by replying all to an email with bidders’ names and addresses, according to a TechCrunch report. The technical folly apparently happened when one of the bidders asked a question and the Marshals’ office copied 40 other bidders on the reply.

The auction is for some 30,000 bitcoins, valued at about $18 million, seized by the government from Silk Road, a black market for drugs shut down last year by the FBI.

Registration for the auction runs June 16-23, according to an agency announcement. The U.S. Marshals Service could not be reached for comment.

Jennifer Shasky Calvery, director of Treasury’s Financial Crimes Enforcement Network, said in February that more institutions need to register with her office if it is to successfully block cyber funding for criminals and terrorists.

Posted by Sean Lyngaas on Jun 19, 2014 at 9:43 AM


Featured

  • Cybersecurity
    CISA chief Chris Krebs disusses the future of the agency at Auburn University Aug. 22 2019

    Shared services and the future of CISA

    Chris Krebs, the head of the Cybersecurity and Infrastructure Security Agency at DHS, said that many federal agencies will be outsourcing cyber to a shared service provider in the future.

  • Telecom
    GSA Headquarters (Photo by Rena Schild/Shutterstock)

    GSA softens line on looming EIS due date

    Think of the September deadline for agencies to award contracts under the General Services Administration's $50-billion telecommunications contract as a "yellow light," said GSA's telecom services director.

  • Defense
    Shutterstock photo id 669226093 By Gorodenkoff

    IC looks to stand up a new enterprise IT program office

    The intelligence community wants to stand up a new program executive office to help develop new IT capabilities.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.