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US government moves $2 billion worth of seized Bitcoin to anonymous address

Transfer to an anonymous address. The seized bitcoins are linked to Silk Road, a notorious darknet marketplace that has facilitated illicit activities ranging from drug...

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US government moves $2 billion worth of seized Bitcoin to anonymous address

Transfer to an anonymous address. The seized bitcoins are linked to Silk Road, a notorious darknet marketplace that has facilitated illicit activities ranging from drug dealing to money laundering. Arkham, a data firm that tracks cryptocurrency flows, flagged the transfer, raising questions and speculation about the U.S. government’s intentions about what to do with the seized bitcoins. On-chain sleuth Lookonchain noted that the U.S. government currently holds 179,155 Bitcoins worth $12.14 billion. US Government Seizes 174,000 Bitcoins from Silk Road MarketThe US government has seized a staggering 174,000 Bitcoins from the Silk Road market, one of the largest cryptocurrency seizures in history. Silk Road was operated by computer engineer Ross Ulbricht and was shut down by federal authorities in 2013....

US government moves $2 billion worth of seized Bitcoin to anonymous address

Transfer to an anonymous address. The seized bitcoins are linked to Silk Road, a notorious darknet marketplace that has facilitated illicit activities ranging from drug dealing to money laundering. Arkham, a data firm that tracks cryptocurrency flows, flagged the transfer, raising questions and speculation about the U.S. government’s intentions about what to do with the seized bitcoins. On-chain sleuth Lookonchain noted that the U.S. government currently holds 179,155 Bitcoins worth $12.14 billion. US Government Seizes 174,000 Bitcoins from Silk Road MarketThe US government has seized a staggering 174,000 Bitcoins from the Silk Road market, one of the largest cryptocurrency seizures in history. Silk Road was operated by computer engineer Ross Ulbricht and was shut down by federal authorities in 2013....

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