The bitcoins were seized from the Silk Road hacker. The government has plans to sell the remaining BTC in batches over the year.
It looks like the U.S. Department of Justice(DoJ) is finally moving the BTC reserves it seized from the Silk Road. The notorious online marketplace, which was predominantly used for illicit activities and operated using Bitcoin for transactions, was taken down by U.S. authorities in October 2013. Here is what Wu Blockchain tweeted:
“Breaking: The Silk Road BTC-related addresses which are suspected to be seized by the US Department of Justice, are transferring more than 9k BTC. https://oklink.com/btc/address/bc1qmxjefnuy06v345v6vhwpwt05dztztmx4g3y7wp?tab=commonTxThe U.S. government previously sold 9,800 BTC on March 14 and said it plans to sell another 41,500 BTC related to Silk Road in four batches within a year.”
In November 2022, the US DoJ seized >50,000 bitcoins from James Zhong – the infamous Silk Road hacker. The transfer was noted across two add
We współpracy z: https://cryptodaily.co.uk/2023/07/doj-moves-over-9000-btc-seized-from-silk-road
