US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins

US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins

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On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road. Silk…

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