🚀 The US government has just transferred over 1.9 billion USD in BTC from the Silk Road case to a Coinbase Prime wallet. Data from Arkham Intelligence shows that approximately 19,800 BTC has been transferred. 🏦

- The BTC was seized from James Zhong, who was convicted of fraud related to Silk Road.

- The US government still holds about 18 billion USD in BTC, it is unclear whether there are any trading intentions.

- Senator Cynthia Lummis and Trump proposed the establishment of a "strategic Bitcoin reserve" for the US.

Silk Road used to be a major black market, and Ross Ulbricht was sentenced to life in prison. Many are calling for Trump to commute Ulbricht's sentence.

What do you think about this move? Comment below! 💬