U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears

U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears

Regulations
March 9, 2023 by secret
79
[ad_1] Key Takeaways A wallet associated with seized Silk Road funds moved $1.08 billion in BTC. The address moved 39,174 BTC to two new wallets, and 9,825 BTC to a wallet reportedly belonging to Coinbase. The funds were originally seized from Silk Road exploiter James Zhong in November 2021. Share this article The DOJ may