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Why is the US selling BTC worth $6.5 billion seized from Silk Road?
The US Department of Justice (DOJ) has announced plans to liquidate 69,370 Bitcoin valued at $6.5 billion, seized from the infamous Silk Road case. While headlines focus on the staggering sum ...
PBS18d
silk road
The U.S. Marshals Service held an auction Friday of nearly 30,000 bitcoins seized from the now-shuttered online black market, Silk Road. Silk Road used ‘anonymity layers,’ digital currency to ...
Crypto czar says Biden's 'bad' Bitcoin policy cost tax payers $17 billion
Crypto Czar David Sacks warns that the U.S. government's Bitcoin policy has cost around $17 billion and the taxpayers are ...
CoinTelegraph25d
How much Bitcoin does the US hold, and where did it come from?
US authorities seized and successfully sought the forfeiture of 51,351 Bitcoin from a Silk Road hacker named James “Jimmy” Zhong — who may or may not be “Individual X” — in March 2022.
TheStreet.com2mon
Bitcoin's High-Stakes Drama: Musk Moves, DOJ Seizures & Political Power Plays Fuel Market Turmoil
The Department of Justice (DOJ) has been authorized to sell approximately 69,370 bitcoin seized from the Silk Road marketplace in 2013. Battle Born Investments attempted to block the sale and ...
Townhall25d
President Trump Establishes Bitcoin Strategic Reserve
Some noteworthy seizures include: 144,000 bitcoin was seized from Ross Ulbricht during the shutdown of Silk Road in 2013. 50,000 bitcoin was additionally seized from Jimmy Zhong in 2021 ...