According to ChainCatcher, Lookonchain published a post saying that the U.S. government seems to be free to sell the 69,370 bitcoins confiscated from Silk Road. Previously, on October 7, the U.S. Supreme Court refused to hear Battle Born Investments’ case regarding the ownership of 69,370 BTC (about 4.33 billion U.S. dollars) seized from Silk Road, giving the government full control over the seized funds.

The last time the U.S. government moved BTC was two months ago, when it moved 29,800 BTC (about $2.02 billion), of which 10,000 BTC (about $594 million) were transferred to Coinbase Prime.

The US government currently still holds 203,239 BTC (about 12.63 billion US dollars), of which 69,370 BTC (about 4.33 billion US dollars) related to Silk Road have been dormant in the wallet "bc1qa5" for 4 years.