US Court Greenlights Sale of $6.5B in Seized Silk Road Bitcoin
The U.S. government has secured final approval in the Northern District Court of California to liquidate crypto's largest-ever federal seizure, signaling the closure of a complex four-year legal battle over billions in Bitcoin tied to the infamous Silk Road marketplace.Chief U.S. District Judge Richard Seeborg denied a motion to block the forfeiture of 69,370 Bitcoin, clearing the Department of Justice to sell the $6.5 billion assets, according to a court document filed December 30.Judge Seeborg...
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