U.S. still holds $6.5b in seized Silk Road Bitcoin

U.S. authorities have not executed any new Bitcoin sales, despite reports suggesting that the Department of Justice had authorized a massive offload. Blockchain intelligence platform Arkham confirmed that billions in seized Silk Road and FBI-confiscated Bitcoin (BTC) remain in U.S. government-controlled addresses as of Jan. 9. The data provider shared on-chain proof confirming a $6.44 […]
US cleared to sell $6.5B in Bitcoin — Will it crash BTC price?
US government holds about $18.50 billion worth of Bitcoin, which it may sell entirely ahead of Donald Trump’s presidency. Source link