US Government Dumps $6.5 Billion Silk Road Bitcoin Stash

US Government's Silk Road Bitcoin Holdings Drop To 0 After DOJ Reportedly Approves Sale Of Crypto Worth $6.5 Billion
The U.S. government has received approval to liquidate a significant portion of its Bitcoin holdings seized from the infamous darknet website Silk Road, according to a Wednesday report. The Justice Department was cleared to sell 69,
US Government Dumps $6.5 Billion Silk Road Bitcoin Stash After DoJ Greenlight
The US government dumped all of the $6.5 billion worth of Bitcoin seized from dark web marketplace Silk Road after receiving DoJ approval.
US Court Greenlights Sale of $6.5B in Seized Silk Road Bitcoin
The ruling does not ensure immediate liquidation of the seized Bitcoin, as federal asset forfeiture requires several administrative processes.
DOJ cleared to sell $6.5B in Bitcoin seized from Silk Road
DOJ receives court approval to proceed with the $6.5B Silk Road Bitcoin sale despite ownership objections and volatility concerns.
Bitcoin price slides amid fears US government could sell more of Silk Road stash
Investors are worried that a sale of the government's bitcoin stash could trigger market volatility and impact cryptocurrency prices.
The federal government just got the greenlight to sell $6.5 billion in Bitcoin seized from Silk Road
The legal decision marks the end of the road for a years-long legal battle over 69,370 Bitcoins, seized in 2020 from an unidentified hacker referred to in court documents as “In
US cleared to sell $6.5B in Bitcoin — Will it crash BTC price?
The US Department of Justice (DOJ) is poised to auction off $6.5 billion worth of Bitcoin (BTC) seized from Silk Road. The ...
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Court: US government may sell 69,370 Bitcoin worth billions
Over 69,000 Bitcoin stolen from a darknet marketplace and later confiscated may be sold. But Donald Trump is against this.
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US Government Unlikely to Buy Bitcoin in 2025, Says Galaxy Digital Research Head
The United States government is not expected to purchase Bitcoin in 2025, according to Galaxy Digital’s head of research, ...