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US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins


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....

Brazilian Police to Auction Assets Seized from Suspected Crypto Fraudsters


Police in Brazil have announced plans to auction off assets seized from Trust Investing, a suspected crypto-themed financial pyramid operator. Per the media outlet Portal do Bitcoin, a Federal Court in Campo Grande granted the authorities the right to auction off “seven luxury cars,” including...

Art Auction Giant Sotheby's Unveils On-Chain NFT Secondary Marketplace


Major auction house Sotheby’s revealed a secondary non-fungible token (NFT) marketplace that allows users to buy curated NFTs on the Ethereum (ETH) and Polygon (MATIC) networks. Sotheby's is not new to the NFT realm, and this time they decided to expand their offering with a curated, peer-to-peer...

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