USAaddresses associated with the government, Silk Roadto different wallets $1 billion in Bitcoin (BTC)made the transfer.
The scene of many illegal acts before Silk Road, American Federal Bureau of Investigation (FBI) was closed in 2013. U.S. law enforcement has over the years thousands of people on Silk Road. bitcoin, and a significant portion of them has been auctioned off from time to time.
9,861 BTC Transferred to Coinbase Platform
1 billion dollarsworth bitcoin The ‘s were moved from multiple wallets linked to United States Government law enforcement seizures to new addresses. Some of the assets moved March 8on coinbasetransferred to the platform.
On-chain analytics firm PeckShield According to data shared by U.S. law enforcement agencies, three different transfers were made from wallets. In these wallets, November 2021by US institutions in Silk Roadseized from approximately 51,000 BTC existed. The seized BTCs were merged into two different wallet addresses.
Of these three transfers coinbaseamount transferred to the platform 9,861 BTCwhile the other two transfers 30,000 BTC and 9,000 BTCIt contains separate transactions.
although 50,000 BTCa small part of coinbasebillions from U.S. law enforcement-linked wallets. BTC His release aroused curiosity. Many users on Twitter have produced various theories and Silk Road‘of bitcoinHe pointed out that if they decide to sell their .
American Ross Ulbrichtby 2011 Silk Road was one of the first platforms to accept Bitcoin payments and helped spread crypto usage. From the platform, which later ceased to operate, US law enforcement seized a large number of BTC and put them up for auction.
Popular Bitcoin advocate Tim Draper, 2014at an auction held in 30,000 BTChe bought.
