Friday, September 20, 2024

US government plans to sell 41K Bitcoin connected to Silk Road By Cointelegraph

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© Reuters

The US authorities plans to liquidate greater than 41,000 (BTC) seized as a part of a case linked to Silk Street creator Ross Ulbricht.

A March 31 submitting with U.S. District Courtroom for the Southern District of New York concerning the sentencing of James Zhong said U.S. authorities authorities had begun liquidating roughly 51,352 BTC seized within the Ulbricht case. In accordance with the submitting, officers offered roughly 9,861 BTC for greater than $215 million on March 14, leaving roughly 41,491 BTC.