The US Department of Justice has received the green light to sell about $6.5 billion worth of Bitcoin. These funds are tied to the Silk Road case, a major illegal online marketplace. This move is part of the federal agency's efforts to handle assets seized in criminal investigations.
The liquidation of such a huge amount will significantly impact the crypto market. Stakeholders are watching closely how this could affect Bitcoin's price and market dynamics. This action underlines the vast sums tied up in past criminal enterprises now being processed through legal channels.
