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Summary: U.S. authorities sold over 9,000 Bitcoin forfeited by Ross Ulbricht in the Silk Road case, a darknet marketplace shut down in 2013. The government liquidated $216 million in BTC, paying around $215,000 in fees on March 14 per a court filing.U.S. authorities plan to liquidate an additional 41,490 BTC in
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The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing. Source
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The United States government plans to liquidate more than 41,000 Bitcoin seized as part of the case against Silk Road creator Ross Ulbricht.A March 31 filing with U.S. District Court for the Southern District of New York regarding the case against James Zhong said U.S. government authorities had begun liquidating
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50,000 Bitcoin (BTC) worth $1 billion United States dollars were moved from multiple wallets related to U.S. Government law enforcement seizures and were transferred to new addresses, and a few were moved to Coinbase on March 8. According to data shared by on-chain analytics firm PackShield, there were three transfers made
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BNB Chain, the world’s largest smart-contract blockchain in terms of transaction volume and daily active users, plans to make what it called significant improvements in performance, scalability, security, decentralization and infrastructure this year, according to a technical road map shared with CryptoX. Source
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A former employee of breakdown services company RAC has plead guilty and been fined for the stealing of data of victims of road traffic accidents. Asif Iqbal Khan, 42, was working for RAC as a Customer Solutions Specialist. Over
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The charge sheet from the Dutch central bank (DNB) outlining its decision to impose a sanction of 3,325,000 euros ($3.6 million) for serving local customers without approval shows multiple legal and procedural gray areas – and Coinbase, which is registered with DNB now, argues it is being punished for co-operating. Source
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Linda Jeng of the Crypto Council for Innovation says the U.S. needs to establish clear crypto guidelines or it may run the risk of falling behind in innovation and market influence. Source
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The former FTX CEO faces a legal uphill battle after pleading not guilty to eight counts of criminal charges. Original Source
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The pro cycling industry has historically lagged behind in creating an ideal digital space that provides easy access to leading teams, races and cycling content for one of the largest sports on the planet. Now 10 of the best professional cycling teams in the world are taking the lead in
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