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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,
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.
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.
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.
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.
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 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.
1d
on MSN
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 ...
8h
on MSN
Bitcoin's High-Stakes Drama: Musk Moves, DOJ Seizures & Political Power Plays Fuel Market Turmoil
As Bitcoin oscillates between $92K and $102K, influential players like Elon Musk and government actions from the DOJ to the SEC create a whirlwind of speculation and regulatory battles, all while ...
EconoTimes
20h
Michael Saylor Sparks Bitcoin Buzz Amid US Government BTC Sale Concerns
Michael Saylor, Bitcoin advocate and MicroStrategys executive chairman, recently shared a bold message with the BTC community ...
3d
on MSN
Overbought bitcoin is vulnerable to a 13% sell-off, top technical analyst says
Bitcoin could drop to support levels around $84,500, Katie Stockton said. The token has whipsawed this week, briefly crossing ...
3d
Happy New Year, Bitcoin!
It is another year of opportunities, and 2025 will be the year for Bitcoin. After the 100k milestone, more fantastic ...
3d
Bitcoin: 2025 Will Be A Pivotal Year - Why You Should Be In
Major corporations and smaller firms are increasingly adopting Bitcoin, reflecting broader acceptance and integration into ...
Coingape
1d
US Bitcoin Reserve in Q1 2025? Crypto Industry Lobbies Amid Selloff News
Crypto industry is pushing for Donald Trump to issue an executive order for strategic Bitcoin reserve as he enters office on ...
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