They'll Make the Announcement in January: The Reason Why the Price of Bitcoin May Have Dropped Has Been Found. Market Thoughts They'll Make the Announcement in January: The Reason Why the Price of Bitcoin May Have Dropped Has Been Found. When Bitcoin Sistemi EN By Bitcoin Sistemi EN, United UTED Bitcoin BTC Request REQ Silk Road SILKROAD 9 minutes ago peruse They'll Make the Announcement in January: The Reason Why the Price of Bitcoin May Have Dropped Has Been Found.

Renowned lawyer Scott Johnson has speculated that the United States Marshals Service (USMS) may have had something to do with the current drop in Bitcoin pricing. "It's highly likely that the US Marshals Service is offering Bitcoin for sale on the Silk Road," Johnson said in a thorough explanation.

Johnson clarified that USMS moved Bitcoin to a custodial address in June as part of a Coinbase service contract. According to this agreement, USMS assets must stay totally distinct. But according to Johnson, these transfers to a mixed exchange address such as CB Prime suggest that USMS has either already sold Bitcoin or is in the midst of doing so.

Johnson anticipates that the Department of Justice's (DOJ) FY2024 Asset Expenditure Program report, which is slated for release in January, would include official confirmation of these transactions. Johnson further stated that the DOJ Office of Inspector General audit report, the USMS cryptocurrency services agreement Request for Proposals (RFP), and numerous court decisions all suggested that these sales may have increased in response to a recent speech by former President Donald Trump.

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