CARS, CRYPTO AND A HORSE NAMED CINDA: INSIDE AMERICA’S SEIZED ASSET AUCTIONS - Rolex Watches, Bitcoin Fetch High Bids at Seized Asset Auctions

[Gunnar Larson]

Every year, the US Marshals Service seizes tens of millions of dollars’
worth of fun collectibles and fast rides from criminals, and then lets the
general public do some bidding. Bloomberg Businessweek’s sleuthing revealed
some intriguing sales.

By Michael Tobin and Amanda Chen
Illustrations by Melanie Lambrick

November 17, 2023 at 6:00 AM EST
The US Marshals Service is the enforcement arm of the federal courts. In
addition to protecting judges, tracking down fugitives and running the
witness protection program, among other duties, the USMS manages criminal
assets seized in connection with crimes. This is property used to commit an
offense or acquired by a wrongdoer during the act.

Rolex Watches, Bitcoin Fetch High Bids at Seized Asset Auctions
https://www.bloomberg.com/features/2023-seized-assets-auctions/?ai=eyJpc1N1YnNjcmliZWQiOmZhbHNlLCJhcnRpY2xlUmVhZCI6ZmFsc2UsImFydGljbGVDb3VudCI6MCwid2FsbEhlaWdodCI6MX0=
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