2 years ago
On March 14, 2023, the authorities sold 9,861 BTC for $215.7 million, according to tribunal documents filed connected March 31.
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The United States authorities plans to liquidate much than 41,000 Bitcoin seized arsenic portion of the lawsuit against Silk Road creator Ross Ulbricht.
A March 31 filing with U.S. District Court for the Southern District of New York regarding the lawsuit against James Zhong said U.S. authorities authorities had begun liquidating astir 51,352 Bitcoin (BTC) seized successful the Ulbricht case. According to the filing, officials sold astir 9,861 BTC for much than $215 cardinal connected March 14, leaving astir 41,491 BTC.
"The Government understands [the Bitcoin] is expected to beryllium liquidated successful 4 much batches implicit the people of this calendar year," said the tribunal filing.
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.
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