The winner of auction of the Silk Road Coins has been determined
“Bitcoin Piles” from Fdecomite from Flickr.com – license according to creative commons 2.0

Since the weekend it has been puzzled who the auction of 30.000 Bitcoins has won. The coins were confiscated by the FBI last summer by the servers of the Darwweb black market Silk Road and auctioned out of the US Marshalls in ten packages last week. The auction came to an end on Friday, today it is known who your winner is.

Anyone who did not win came out in the past two days. On the one hand, Barry Silbert, director of the investment company Second Markets, who had offered a consortium of investors to various packages. Pantera Investments, another fund, also went away empty -handed. After the coins moved in the blockchain, it became clear today that a single bidder had to have cut out all other mid -applicants – of whom there were 51 -. This started the great puzzle rates of who this is. After all, the winner had to have paid a very high price to beat everyone else.

This afternoon the great unknown was recognized: It is Tim Draper. He cannot be confused with Don Draper from Mad Men, but similarly famous: Tim Draper has been a third generation investor since 1985; He supported more than 1000 companies, including Skype and Hotmail and a global network for venture funds. What he did with the almost 30.000 Bitcoins, you can read on the Vaurum’s blog, a Bitcoin startup already supported by Draper:

Tim said this in a statement: “Bitcoin frees people from trying to operate with weak currencies in a modern market economy. We expect to create new services with the help of Vaurum and these newly acquired Bitcoins to provide markets that have been made by weak currencies with liquidity and trust. Of course, nobody is absolutely certain when he holds the currency of his own country. We want to enable people to keep bitcoins and act to protect themselves against weak currencies.”

Vaurum has created trading platforms for Bitcoin in the developing markets. The startup from California will be almost 30 together with Tim Draper.Use 000 bitcoins as a source of liquidity. The blog entry concludes with a thank you: “Many thanks to the United States Marshals Service for carrying out the auction. We are enthusiastic about the opportunity to use these coins for a good cause.“In fact, the US government has to admit that with the auction it has redistributed a considerable amount of bitcoins from a player of the black market to someone with good destinations. The price reacted to the news with a small jump upwards without a circuit fireworks having ignited.