Blockchair's logo

US Govt Cleared to Liquidate 69K BTC Worth $6.5B Seized from Silk Road: Report Cryptonews 13 hours ago

US Govt Cleared to Liquidate 69K BTC Worth $6.5B Seized from Silk Road: Report 🇺🇸

The U.S. Department of Justice (DOJ) has been given the green light to proceed with the sale of Bitcoin amounting to 69,370, which is valued at a staggering $6.5 billion. This significant move comes after a federal judge's decision on December 30 that approved the liquidation of these digital assets, which were originally seized from Silk Road, a notorious online black market.

The decision marks a critical point in the handling of assets linked to illegal activities within the crypto space. The Silk Road case has been infamous for its association with unlawful transactions using cryptocurrencies, and this sale represents the DOJ’s continuing effort to address such issues.

Source: cryptonews.com ↗

Similar articles (31)

 US cleared to sell $6.5B in Bitcoin — Will it crash BTC price? Cointelegraph 16 hours ago
US cleared to sell $6.5B in Bitcoin — Will it crash BTC price?
$6.5 Billion in Bitcoin Could Hit the Market Soon – Will BTC Fall to $10,000? Cryptonews 14 hours ago
$6.5 Billion in Bitcoin Could Hit the Market Soon – Will BTC Fall to $10,000?
DOJ Greenlights the US Government To Sell Silk Road Seized Funds TheNewsCrypto 13 hours ago
DOJ Greenlights the US Government To Sell Silk Road Seized Funds
US Government Cleared to Sell Silk Road Bitcoin: Will Prices Dump? 99Bitcoins 10 hours ago
US Government Cleared to Sell Silk Road Bitcoin: Will Prices Dump?
Bitcoin Price Dips After US Government Dumps Silk Road Bitcoin Coinpaper 10 hours ago
Bitcoin Price Dips After US Government Dumps Silk Road Bitcoin
Government Prepares Major Bitcoin Sale, Sparking Market Concerns Cointurk 11 hours ago
Government Prepares Major Bitcoin Sale, Sparking Market Concerns
Silk Road: the USA government ready to liquidate 69,000 BTC seized Cryptonomist 8 hours ago
Silk Road: the USA government ready to liquidate 69,000 BTC seized
Bitcoin Price Crash Imminent? US DOJ Receives Greenlight To Sell 69,370 BTC Worth $6.58 Billion Bitcoinist 13 hours ago
Bitcoin Price Crash Imminent? US DOJ Receives Greenlight To Sell 69,370 BTC Worth $6.58 Billion
Bitcoin (BTC) Faces $6.5 Billion DOJ Headwind: Impact on Market Analyzed Crypto Daily 6 hours ago
Bitcoin (BTC) Faces $6.5 Billion DOJ Headwind: Impact on Market Analyzed
The 5 Best Cryptos To Buy as DOJ Prepares to Sell $6.5B In Silk Road Bitcoin Newsbtc 17 hours ago
The 5 Best Cryptos To Buy as DOJ Prepares to Sell $6.5B In Silk Road Bitcoin
$6.5 Billion Bitcoin Sale: DOJ to Liquidate Silk Road Assets Crypto Daily 8 hours ago
$6.5 Billion Bitcoin Sale: DOJ to Liquidate Silk Road Assets
DOJ Selling Bitcoin (BTC USD): FUD Or Legitimate? The Coin Republic 15 hours ago
DOJ Selling Bitcoin (BTC USD): FUD Or Legitimate?
DOJ cleared to sell $6.5B Silk Road Bitcoin – No more U.S. BTC reserve? Ambcrypto 12 hours ago
DOJ cleared to sell $6.5B Silk Road Bitcoin – No more U.S. BTC reserve?
DOJ Dumping BTC Before Trump Takes Office: To sell $6.5B in BTC from Silk Road stacker news 15 hours ago
DOJ Dumping BTC Before Trump Takes Office: To sell $6.5B in BTC from Silk Road
Breaking: US Govt Sells $6.7 Billion in Bitcoin, Will BTC Price Crash Soon? Coingape 13 hours ago
Breaking: US Govt Sells $6.7 Billion in Bitcoin, Will BTC Price Crash Soon?
U.S. DOJ Approved to Sell 69,370 Bitcoin, Sparking a Crypto Crash Coinpedia 13 hours ago
U.S. DOJ Approved to Sell 69,370 Bitcoin, Sparking a Crypto Crash
Is This Why Bitcoin Is Falling? "US Is Preparing to Sell!" Bitcoinsistemi 13 hours ago
Is This Why Bitcoin Is Falling? "US Is Preparing to Sell!"
Will Government Bitcoin Sale Impact Market Stability? Bitcoinhaber 11 hours ago
Will Government Bitcoin Sale Impact Market Stability?
DOJ Receives Court Approval to Sell $6.5 Billion in Bitcoin from Silk Road Seizure Blockonomi 9 hours ago
DOJ Receives Court Approval to Sell $6.5 Billion in Bitcoin from Silk Road Seizure
US Government’s $6.5B Silk Road Bitcoin Liquidation To Rattle the Market Coin Edition 9 hours ago
US Government’s $6.5B Silk Road Bitcoin Liquidation To Rattle the Market
US Government Dumps $6.5 Billion Silk Road Bitcoin Stash After DoJ Greenlight Insidebitcoins 10 hours ago
US Government Dumps $6.5 Billion Silk Road Bitcoin Stash After DoJ Greenlight
DOJ Gets Court Approval to Sell 69,370 BTC Seized from Silk Road No Bullshit Bitcoin 17 hours ago
DOJ Gets Court Approval to Sell 69,370 BTC Seized from Silk Road
Crypto Community on Edge as Biden’s DOJ Eyes Sale of $6.49 Billion in Seized Bitcoin Bitcoin.com 17 hours ago
Crypto Community on Edge as Biden’s DOJ Eyes Sale of $6.49 Billion in Seized Bitcoin
US court approves sale of $6.5b silk road Bitcoin stacker news 17 hours ago
US court approves sale of $6.5b silk road Bitcoin
Bitwise CIO Reveals What Will Happen If The US Sells Its Silk Road BTC Coingape 14 hours ago
Bitwise CIO Reveals What Will Happen If The US Sells Its Silk Road BTC
US Government May Consider Selling Bitcoin Before Trump’s Presidency Amid Market Speculation Coinotag 16 hours ago
US Government May Consider Selling Bitcoin Before Trump’s Presidency Amid Market Speculation
U.S. Court Ruling Allows Liquidation of 69,370 Bitcoins Amid Ongoing Legal Disputes Over Identity of Hacker Coinotag 13 hours ago
U.S. Court Ruling Allows Liquidation of 69,370 Bitcoins Amid Ongoing Legal Disputes Over Identity of Hacker
Market Reactions to the U.S. DOJ’s Liquidation of 69,370 BTC: Insights and Implications Coinotag 6 hours ago
Market Reactions to the U.S. DOJ’s Liquidation of 69,370 BTC: Insights and Implications
US Justice Department Set to Liquidate $6.5 Billion in Seized Bitcoin from Silk Road Case Coinotag 17 hours ago
US Justice Department Set to Liquidate $6.5 Billion in Seized Bitcoin from Silk Road Case
US Government Set to Sell $6.5 Billion Silk Road Bitcoin: Market Insights from CryptoQuant CEO Ki Young Ju Coinotag 15 hours ago
US Government Set to Sell $6.5 Billion Silk Road Bitcoin: Market Insights from CryptoQuant CEO Ki Young Ju
U.S. Court Clears Path for Possible Future Liquidation of 69,370 Seized Bitcoin from Silk Road Coinotag 14 hours ago
U.S. Court Clears Path for Possible Future Liquidation of 69,370 Seized Bitcoin from Silk Road