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According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses Strategy for Selling Confiscated Bitcoin The U.S. government,
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The U.S. government is getting ready to auction off 41,000 Bitcoins that were connected to the infamous Silk Road marketplace. The proceeds will be used to benefit the U.S. Treasury. The United States government is making preparations to auction off a significant amount of bitcoin, approximately 41,000 BTC, which has been
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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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press release PRESS RELEASE. INTERNET CITY, DUBAI, Dec. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed SILK on December 9, 2022. For all users of LBank Exchange, the SILK/USDT trading pair is now officially available for trading. As the first web3 esports with earnings, Spider Tanks
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The man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest financial seizure ever.” Silk Road Exploiter Pleads Guilty The U.S. Department
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Damian Williams, the United States Attorney for the Southern District of New York, announced the seizure of $3.36 billion of bitcoin related to Silk Road, a darkweb marketplace. Original Source
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Summary: Silk Road’s creator Ross Ulbricht will have his debt to the US government wiped off He owes the US Government $183 million, and it will be paid for using $3 Billion in Bitcoin connected to another unnamed Silk Road hacker The figure he owed the government was the amount he was ordered
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