US govt $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.

View Details

US government moves 10,000 Bitcoin

The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US.

View Details

US government moves $2 billion in Bitcoin, price dips 1.3%

Market volatility and investor uncertainty increase as government actions impact Bitcoin prices, highlighting the sensitivity of crypto markets.

The post US government moves $2 billion in Bitcoin, price dips 1.3% appeared first on Crypto Briefing.

View Details

Trump wont sell US BTC if elected, what about seized assets?

Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected.

View Details

Is The US Government Selling $240 Million in Bitcoin (BTC) Related to Silk Road?

Bitcoin's price is experiencing a modest decline following news of the U.S. government transferring 3,940 BTC to Coinbase Prime.

View Details

US government transfers 4,000 BTC to Coinbase

The US government allegedly transferred about 3,940 BTC to Coinbase, part of its holdings from the Silk Road seizure.

The post US government transfers 4,000 BTC to Coinbase appeared first on Crypto Briefing.

View Details

RFK Jr. promises to pardon Silk Roads Ross Ulbricht if elected

Yes, illegal activity took place there, but come on, the presidential hopeful wrote as he denounced Ulbrichts draconian sentence.

View Details

Trump promises to release Silk Road founder Ross Ulbricht if re-elected

Former United States President Donald Trump vows to free Silk Road founder Ross Ulbricht from prison if re-elected.

View Details

US Government Preparing to Sell 30,000 Silk Road Bitcoin, On-Chain Data Shows

US government prepares to sell bitcoin related to Silk Road for the first time since March 2023.

View Details

The US Government Sold Nearly 10,000 Silk Road Bitcoin

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.

View Details

The DOJ Is Liquidating its Seized Silk Road Bitcoin Stash

On-chain analysts noticed at the beginning of the month that the U.S. government was moving funds it had seized from Silk Road exploiter James Zhong. It turns out that the...

View Details

Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a note. In the message, he suggested that the [...]

The post Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit appeared first on Crypto Breaking News.

View Details

BitMEX Founders Freed: Trump Issues Controversial Pardons After Conviction

On March 28 reports confirmed that President Donald Trump issued pardons to BitMEX co-founders Arthur Hayes, Benjamin Delo and Samuel Reed. The trio had previously admitted to criminal offenses related to money laundering and breaking Bank Secrecy Act (BSA) regulations. Hayes, Delo and Reed initially faced serious legal penalties which included fines and possible probation […]

View Details

Silk Road Founder Ross Ulbricht Teases New Marketplace After Ebay Snub

After failing to get accepted by Ebay Ross Ulbricht indicated his desire to start an e-commerce venture. The platform verification delays frustrated him and he suggested developing his own online marketplace. The announcement emerges after he obtained a presidential pardon leading to his prison release during January 2025. Ross Ulbricht attempted to market his personal […]

View Details

Roger Ver at Webx Asia: Reflections on Payments, Self-Custody, and the Role of Crypto Lawbreakers

When asked whether he’d rather be called a “bitcoin evangelist,” or “Bitcoin Jesus” at the recent Webx seminar in Tokyo, Roger Ver responds: “I prefer to be called Roger.” The enthusiastic and outspoken figure in crypto, scattering sats around the world with unapologetic frankness about government, the bitcoin block size wars, and conflations of legality [...]

The post Roger Ver at Webx Asia: Reflections on Payments, Self-Custody, and the Role of Crypto Lawbreakers appeared first on Crypto Breaking News.

View Details

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million [...]

The post US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion appeared first on Crypto Breaking News.

View Details

Silk Road Bitcoins On The Move; Experts Address Dumping Rumors

Thousands of Bitcoin seized from Silk Road by U.S. authorities are now on the move. One BTC is currently worth just under $28k. Arkham Intelligence claimed that within three hours of one another, the wallet bc1qzd8 transferred 10.298 BTC to what they think to be an exchange deposit wallet that has only ever been used […]

View Details

Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013

Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129 bitcoins in 2012 and 2013, has transferred 464 bitcoins worth $13 million for the first time in nine years. 464 Bitcoin Move From an Old [...]

The post Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013 appeared first on Crypto Breaking News.

View Details

$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets

Over 50,000 Bitcoin, valued at $1 billion, were transferred from multiple wallets linked to US law enforcement seizures. Approximately 9,861 BTC was sent to Coinbase, while the rest were internal transfers. The BTC was seized from the Silk Road marketplace, one of the first darknet markets to accept Bitcoin payments. (Read More)

View Details

U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears

The DOJ may have sent some of the seized Silk Road funds to Coinbase, but that doesnt mean theyre about to liquidate. $1.08 Billion in BTC It appears that some...

View Details