US Government Moves $300 Million Worth of Silk Road Bitcoin – What's Going On?
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 t...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 Bitcoin block explorer.
The recent transfer likely originates from the DOJ's seizure of $3.36 billion worth of BTC in 2021, the agency's most substantial seizure to date....
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