US government selling Bitcoin is a ‘huge strategic mistake,’ say observers
“There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said Space Force Major Jason Lowery. Go to Source
Silk Road
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US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved. Go to Source
Silk Road founder trusts Trump to ‘honor his pledge’ for commutation
Ross Ulbricht, sentenced to life in prison without the possibility of parole in 2015, asked Donald Trump for a “second chance” at freedom. Go to Source
DOJ Targets Crypto Exchange Accused of Silk Road Money Laundering, Operator Faces Prison Time
A crypto exchange tied to Silk Road and alleged money laundering schemes now has its operator facing serious federal charges and prison time. Silk Road Connections Resurface as DOJ Targets Crypto Tycoon in $30M Scandal The U.S. Department of Justice (DOJ) announced on Monday that a federal grand jury in Indianapolis has indicted Maximiliano Pilipis, … Read more
Over 63,000 BTC were sent to exchanges in last 72 hours — CryptoQuant
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets. Go to Source
Bitcoin’s compressed $62K price signals ‘a large’ move next
Bitcoin’s consolidating price has a trader suggesting a big move is imminent, though uncertainty remains about the direction of BTC price in the coming days. Go to Source
Donald Trump Reaffirms Promise to Commute Ross Ulbricht’s Sentence
Former President Donald Trump once again affirmed his intention to commute Ross Ulbricht’s sentence, the founder of the darknet marketplace Silk Road. On Truth Social, Trump shared a post featuring Ulbricht discussing his 12th year in prison, and Trump declared in all capital letters, “I WILL SAVE ROSS ULBRICHT!” Petition for Ross Ulbricht’s Freedom Gathers … Read more
Compliance experts should help regulate crypto — Silk Road 2.0 founder
Compliance experts explain the importance of working with regulators to ensure that effective crypto laws are passed. Go to Source
US gov’t $590M Silk Road Bitcoin transfer to Coinbase unlikely to be sold: Analyst
The government could also be looking to custody or trade the Bitcoin, based on a recent partnership with Coinbase Prime. Go to Source
Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime
A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained, “Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago. This BTC has just … Read more
