Business

US Government Plans to Sell 41K Bitcoins Connected to Silk Road



© Reuters

The US government plans to liquidate more than 41,000 (BTC) was arrested as part of a case involving Silk Road creator Ross Ulbricht.

A March 31 filing with the United States District Court for the Southern District of New York regarding the sentencing of James Zhong states that US government agencies have begun liquidating approximately 51,352 BTC seized in the past year. the Ulbricht case. According to the filing, officials sold approximately 9,861 BTC for more than $215 million on March 14, leaving about 41,491 BTC left.