Articles for tag: Bitcoin, Cryptocurrency, United States

Bena Ilyas

DOJ Secures Approval to Sell $6.5 Billion Silk Road Bitcoin

DOJ Secures Approval to Sell $6.5 Billion Silk Road Bitcoin

The US Department of Justice (DOJ) has received Court approval to sell approximately 69,370 Bitcoin seized in connection with the Silk Road darknet marketplace. Valued at around $6.5 billion, this marks the resolution of a protracted legal dispute over the cryptocurrency’s ownership. On December 30, a federal judge authorized the ... Read more