2025-01-09
Decrypt
19 related
Filing: the Northern District Court of California gives the US government final approval to sell 69,370 BTC, worth $6.5B, seized in its Silk Road investigation
The ruling does not ensure immediate liquidation of the seized Bitcoin, as federal asset forfeiture requires several administrative processes.
2024-10-10
Wired
1 related
A SCOTUS decision means that the US now legally owns the 69,370 BTC obtained during its Silk Road probe; the ex-IRS agent who seized them is in a Nigerian jail
The $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US.
2023-12-22
The Block
12 related
A US appeals court finalizes a mandate for the forfeiture of 69,370 BTC and other crypto connected to Silk Road, handed over by Silk Road hacker “Individual X”
2023-12-21
The Block
10 related
A US appeals court finalizes a mandate for the forfeiture of 69,370 BTC and other crypto connected to Silk Road, handed over by Silk Road hacker “Individual X”
- Judgment was first made in August but will now take effect, according to a filing in the U.S. District Court of Appeals for the Ninth Circuit.
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