Silk Road Bitcoin Worth $240 Million Transferred to Coinbase

Bitcoin, which is worth $240 million and originally seized from Banmeet Singh, a vendor on Silk Road, has been transferred to Coinbase. The US government’s management of Silk Road Bitcoin reflects its evolving role in crypto markets. Arkham’s recent disclosure regarding the significant transfer of Bitcoin, originally seized from Banmeet Singh, a vendor on Silk

Source: Bitcoin World