The United States government has transferred over $2 billion worth of seized Bitcoin from the Silk Road dark web marketplace to an unidentified wallet, according to on-chain data. This move follows former President Donald Trump's announcement that he would create a national "strategic Bitcoin stockpile" if elected, which would involve no longer selling seized Bitcoin. It is unclear whether the government intends to sell the transferred Bitcoin.
US Government Transfers Over $2 Billion in Silk Road Bitcoin
Jul 30, 2024