Where is this going?
“The nearly 30,000 bitcoins auctioned off by the U.S. Marshals Service last week will be put to use building digital currency businesses outside of the United States.
The bitcoins are part of a massive cache of digital currency seized by the feds in connection with last year’s bust of the Silk Road online drug marketplace. In a first, they were auctioned by the Marshals Service last Friday, but until today, nobody knew who’d purchased them. It turns out that the auction’s winner was venture capitalist Tim Draper, and he’s going to store them with a company he has invested in called Vaurum. The startup sells software and services to international companies that want to set up their own bitcoin exchanges…”