The US government plans to sell $117 million worth of Bitcoin (BTC) seized from the deep web platform Silk Road.
US government January 8 In the notification published on and which has just surfaced, $117 million Plans for the sale of Bitcoin attracted attention.
Government, 2021 two defendants linked to Silk Road in By Ryan Farace and Sean Bridges seized 2,934 Bitcoins, stated that it plans to divest in accordance with the instructions of the US Attorney General. In the details of the shared notification, the sales transaction in the next 60 days It was stated that it could be done.
on Silk RoadXanaxmanknown as “ Ryan FaraceHe was accused of drug sales by the USA in 2018 and 2021 in the year of the defendant 59 Bitcoins It was confiscated. As part of the operations carried out in those days, a total of 2,934 Bitcoins of Ryan Farace and Sean Bridges were seized by the authorities.
In December last year, the US Court of Appeals from Silk Road seized 69,470 Bitcoins and other cryptocurrencies He approved the decision to confiscate it by the US government. Assets seized other than Bitcoin Bitcoin Gold (BTG), Bitcoin SV (BSV) And In Bitcoin Cash (BCH) took place.
The US decision regarding the $117 million Bitcoin sale did not have a significant downward effect on the cryptocurrency market. According to CoinGecko data, in the last 24 hours 0.6% increase Bitcoin exhibiting, at the time of writing from $40,102 is being traded.