U.S. Government Gains Control Over $4.33B in Bitcoin Seized from Silk Road, Ready for Potential Sale đ±
The U.S. Supreme Court has declined to hear a case involving 69,370 $BTC (worth $4.33B) seized from Silk Roadâs âIndividual X,â giving the government full control over the funds.
This follows a previous move two months ago when the U.S. #government transferred 10,000 BTC ($594M) to Coinbase Prime from its holding of 203,239 BTC ($12.63B). The seized Silk Road Bitcoin, untouched in the â#bc1qa5 â wallet for four years, now appears poised for sale.
Link: https://platform.arkhamintelligence.com/explorer/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6
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