Today news
About the same in other media
10.04 - 23:07
US government plans to sell 41K Bitcoin connected to Silk Road
Reading now: 997
The United States government plans to liquidate more than 41,000 Bitcoin seized as part of the case against Silk Road creator Ross Ulbricht.
A March 31 filing with U.S. District Court for the Southern District of New York regarding the case against James Zhong said U.S. government authorities had begun liquidating roughly 51,352 Bitcoin (BTC) seized in the Ulbricht case. According to the filing, officials sold roughly 9,861 BTC for more than $215 million on March 14, leaving roughly 41,491 BTC.
"The Government understands [the Bitcoin] is expected to be liquidated in four more batches over the course of this calendar year," said the court filing.
This is a developing story, and further information will be added as it becomes available.
Read more on cointelegraph.comAbout this in other media
DeSantis is right — CBDCs will lead to absolute government control cointelegraph.com /1 year ago
Bitcoin whales push 'choreographed' BTC price as Ether nears $2K cointelegraph.com /1 year ago
Deadline to sell off UK government’s NatWest shares extended to 2025 theguardian.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
