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 ↗