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US Government to sell $130 million of Silk Road Bitcoin – Best cryptos to buy on dip for smart traders
29.1.2024
The news that shocked the crypto world is the recent announcement by the US Government that it will sell $130 million of Silk Road Bitcoin. Speculations began among crypto investors about how this event could affect the value of Bitcoin ($BTC) and other cryptocurrencies. The fact is that the Silk...
US Government Moves $300 Million Worth of Silk Road Bitcoin – What's Going On?
13.7.2023
The US government has moved its Silk Road Bitcoin (BTC) reserve, stirring up speculations about whether it plans a sale of the assets.
On Wednesday, the Department of Justice (DOJ) transferred $300 million worth of BTC to new addresses in a series of transactions, according to data from...
US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure
12.7.2023
The government previously promised to liquidate approximately 40,000 remaining BTC from the seizure in “four more batches” over the remainder of the calendar year
US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins
12.7.2023
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road....
US Government Moves $300M Worth of Bitcoin Linked to Silk Road: On-Chain Data
12.7.2023
A wallet tagged as belonging to the U.S. government has moved over $300 million worth of bitcoin (BTC) in three separate transactions
Silk Road Bitcoin Thief, Once Worth $3.4 Billion, Receives One-Year Prison Sentence
15.4.2023
A Georgia man who stole more than 50,000 Bitcoin from the Silk Road marketplace in 2012 has been sentenced to a year in prison.
In a Friday press release, the US Justice Department said James Zhong has been sentenced to one year and one day in prison for charges related to executing a scheme...
Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison
14.4.2023
James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme
U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month
31.3.2023
The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing
Silk Road Bitcoin for sale? US government-linked addresses transfer $1B in BTC
8.3.2023
US law enforcement agencies have confiscated thousands of BTC from Silk Road over the years and a significant chunk of it has been auctioned from time to time
US Attorney Seizes $3.6 Billion From Silk Road Dark Web Fraud – Second-Largest Crypto Seizure in History
8.11.2022
The US Department of Justice (DOJ) has seized 50,676 BTC worth around $3.36 billion in its second-largest crypto seizure in history.
According to a Monday press release, the billion-dollar seizure is from a man who “unlawfully obtained” the coins from darkweb market Silk Road over a decade ago....
US Announces ‘Historic $3.36 Billion Cryptocurrency Seizure’ as Silk Road Bitcoin Thief Pleads Guilty
8.11.2022
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...
Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183 Million Debt
22.4.2022
Silk Road creator Ross Ulbricht will see his $183 million debt to the U.S. government wiped out following the seizure of $3 billion in bitcoin
Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent
10.2.2021
Over $3 billion worth in bitcoin seized by the U.S. Department of Justice (DOJ), belonging to Silk Road, are likely linked to a former U.S. Secret Service agent. The latest findings suggest that “Individual X” is, in fact, Shaun Bridges. Bridges Is Set to Be Freed in November Per recent...
Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding
22.11.2020
Analytics firm Coinfirm says the US Department of Justice (DOJ)’s seizure of digital assets associated with the now-defunct Silk Road left behind tokens worth millions of dollars. According to Coinfirm, there are still valuable balances held on forked addresses originating from that wallet....
A Look at ‘Individual X’ and the Seized Stash of Silk Road Bitcoins Worth $1 Billion
9.11.2020
On November 3, 2020, the cryptocurrency community noticed that one of the largest addresses holding 69,369 bitcoins from the Silk Road were transferred. Following the onchain movement, the U.S. government revealed it had seized the coins from a person they dubbed “Individual X.”...
US Seizes Previously Undetected Silk Road Bitcoins Worth Over $1 Billion
5.11.2020
The U.S. government has seized over $1 billion in bitcoin from previously undetected transactions associated with the Silk Road marketplace and is now seeking the forfeiture of the cryptocurrency. US Confiscates $1 Billion in Bitcoin From Silk Road The U.S. government has filed a lawsuit seeking...
$1 Billion Silk Road Bitcoin Moves for First Time in Five Years
5.11.2020
At least 69,369 bitcoins, worth about $955 million, were on Wednesday moved from a wallet address that may be linked to the collapsed Silk Road darknet marketplace. This is the first time that the funds have moved from the address — bitcoin’s fourth largest — since April 2015....
Who owns more Bitcoin: Winklevoss Twins, Mt. Gox or Plus Token Scammers?
10.9.2020
And how much did Satoshi Nakamoto contribute to the 'Zombie' fund?