us seizes bitcoin

Auto Added by WPeMatico

A Look at ‘Individual X’ and the Seized Stash of Silk Road Bitcoins Worth $1 Billion

by

On November 3, 2020, the cryptocurrency community noticed that one of the largest addresses holding 69,369 bitcoins from the Silk Road were transferred. Following the onchain movement, the U.S. government revealed it had seized the coins from a person they dubbed “Individual X.” The following is an in-depth look at what we know about the … Read more

US Seizes Previously Undetected Silk Road Bitcoins Worth Over $1 Billion

by

The U.S. government has seized over $1 billion in bitcoin from previously undetected transactions associated with the Silk Road marketplace and is now seeking the forfeiture of the cryptocurrency. US Confiscates $1 Billion in Bitcoin From Silk Road The U.S. government has filed a lawsuit seeking the forfeiture of bitcoin currently worth over $1 billion … Read more