Today, the US government sent a transaction that appears to indicate that it may be close to liquidating the remaining bitcoin it seized from the Silk Road online marketplace.
According to on-chain data, the US government made a test transaction of 0.001 btc, part of a larger stash of approximately 30,174 btc worth $2 billion linked to the infamous Silk Road market. .
Coinbase, the largest cryptocurrency exchange in the United States, received the transaction of these Silk Road-related funds. Arkham Intelligence He first identified the origins of the origin of btc and the fate of Coinbase coins. It appears that the purpose of this transaction is to sell the coins, as he has done previously in the past.
Last March, the US government sold 10,000 Silk Road-related bitcoins, selling just over 9,861 btc worth $216 million, according to a court presentation.
As in this case, this event was preceded by 3 chain transactions, which were sent a few weeks before the disclosure of the sale in a court filing.
The US Marshals Service is one of the largest sellers of bitcoin to date. According to the researcher's data bitcoin-auctions/”>jameson careerUS Marshals helped the US government sell 195,000 btc.
Despite attempts by US lawmakers to have the agency keep these funds as a strategic asset, it has continued to sell them in accordance with its mandate, with the role of the US Marshals Service being to sell assets seized in criminal investigations.
