☄️US Authorities Granted Permission to Sell Silk Road Bitcoin Worth $6.58 Billion 💰

💸On December 30, 2024, the US Department of Justice received permission from a federal court to liquidate 69,370 BTC ($6.58 billion at the moment) confiscated from the Silk Road darknet marketplace.

🖥Similar cases have happened before, such as Germany selling bitcoins, and the market was able to absorb it without significant consequences.

💱The last time the US moved Silk Road-related funds was in early December 2024, sending 10,000 BTC to Coinbase Prime.

💰In total, the country's government controls 203,239 BTC.