US Government to Sell $215M in Seized Silk Road Bitcoin and Consider Dumping Additional $1.1 Billion
The United States government has announced its plans to sell $215 million worth of Bitcoin that was seized from the infamous dark web marketplace, Silk Road. The sale is expected to take place in the coming weeks, with the proceeds going towards funding various law enforcement initiatives.Silk Road was an online black market that operated from 2011 to 2013, selling illegal drugs, weapons, and other illicit goods. The site was shut down by the FBI in 2013, and its founder, Ross Ulbricht, was sentenced to life in prison without parole.The