Silk Road, Bitcoin and DOJ

Why is the US selling BTC worth $6.5 billion seized from Silk Road?
The US Department of Justice (DOJ) has announced plans to liquidate 69,370 Bitcoin valued at $6.5 billion, seized from the infamous Silk Road case. While headlines focus on the staggering sum, this move isn’t just a one-off financial manoeuvre;
DOJ Approves US Sale of Seized Silk Road Bitcoin Funds
The US government receives DOJ authority to sell $6.5B in Silk Road-seized Bitcoin, triggering discussions in the crypto market.
Bitcoin Price Prediction Following Silk Road DOJ News: Traders Rotate to New Crypto Coins
Following an already strenuous few days for Bitcoin holders and the crypto market more broadly, fresh news has emerged that the US Department of Justice has
DOJ approved to sell $6.5 billion in Bitcoin from seized Silk Road assets
A federal judge approved the U.S. Department of Justice (DOJ) to sell $6.5 billion in Bitcoin acquired from the Silk Road darknet.
DOJ cleared to sell $6.5B Silk Road Bitcoin – No more U.S. BTC reserve?
Crypto Twitter has been abuzz with speculation that the U.S. Department of Justice (DOJ) greenlighted the sale of 69K Bitcoins [BTC], worth $6.5B, seized from Silk Road. The update was first shared by media publisher DB News, citing a U.S. official.
DOJ cleared to sell $6.5B in Bitcoin seized from Silk Road
DOJ receives court approval to proceed with the $6.5B Silk Road Bitcoin sale despite ownership objections and volatility concerns.
US Government Dumps $6.5 Billion Silk Road Bitcoin Stash After DoJ Greenlight
The US government dumped all of the $6.5 billion worth of Bitcoin seized from dark web marketplace Silk Road after receiving DoJ approval.
US Court Greenlights Sale of $6.5B in Seized Silk Road Bitcoin
The ruling does not ensure immediate liquidation of the seized Bitcoin, as federal asset forfeiture requires several administrative processes.
The federal government just got the greenlight to sell $6.5 billion in Bitcoin seized from Silk Road
The legal decision marks the end of the road for a years-long legal battle over 69,370 Bitcoins, seized in 2020 from an unidentified hacker referred to in court documents as “In
US Government's Silk Road Bitcoin Holdings Drop To 0 After DOJ Reportedly Approves Sale Of Crypto Worth $6.5 Billion
The U.S. government has received approval to liquidate a significant portion of its Bitcoin holdings seized from the infamous darknet website Silk Road, according to a Wednesday report. The Justice Department was cleared to sell 69,
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Whale Profits $9.98 Million on $28.5 Million WBTC Sale as US Court Approves $6.5 Billion Bitcoin Liquidation
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Bitcoin's High-Stakes Drama: Musk Moves, DOJ Seizures & Political Power Plays Fuel Market Turmoil
As Bitcoin oscillates between $92K and $102K, influential players like Elon Musk and government actions from the DOJ to the SEC create a whirlwind of speculation and regulatory battles, all while ...
Market Fears of Potential Selling Pressure From Possible Silk Road Sale is Overblown: Van Straten
For the outside world, bitcoin (BTC) dropping $10,000 to $92,000, in a matter of days could signal the end of the bull run. A ...
$6.5 Billion US Bitcoin Sale Scare Fuels Bearish BTC Setups
The DOJ’s $6.4 billion Bitcoin sale fuels bearish sentiment as technical indicators hint at a $90K target. Long-term holders ...