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The German government transferred another $75 million in Bitcoin to exchanges, adding to its recent sales of seized reserves that have totaled over $390 million amid concerns over potential market impacts.
Germany transferred more Bitcoin to exchanges, leaving it with just $765 million of its massive seized reserves as its months-long liquidation spree nears its end.
The US government moved over $240 million worth of seized Bitcoin to Coinbase, stoking fears it may sell some of its massive Bitcoin reserves and cause downward price pressure.
Uncle Sam made off with more than $215 million this month as it began to liquidate portions of seized bitcoin. The United States government has been selling bitcoin confiscated from the Silk Road case in 2013. According to a court filing, the government sold 9,861.1707894 Bitcoin on March 14, 2023, for a total of $215,738,154.98. [...]
The post The US Government Sold Nearly 10,000 Silk Road Bitcoin appeared first on Crypto Breaking News.
Massive Bitcoin seizures from Bitfinex hackers add to US government stockpile. Snowden predicts major government entry into Bitcoin market.
After seizing 213,000 bitcoin in 2017, Bulgaria now has an opportunity to become one of the wealthiest countries on earth.
The government’s overreach in taking my website was a hands-on experience that taught me why Bitcoin was necessary.
Bitcoin protects private property for its users due to its theft-proof design, its use of decentralized nodes and an immutable public ledger.
Bitcoin is a return to sound money after the government overreach that led to the end of the gold standard.
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