US Government Transfers $2 Billion in Seized Bitcoin from Silk Road

A major transaction involving a U.S. government-labeled Bitcoin address tied to the Silk Road seizure has been observed. The address, bc1qje…wzde, moved approximately 29.8K BTC, worth around $2 billion, to two new addresses. The first address, bc1qla…2zek, received 9,999.999 BTC, while the second address, bc1qng…kz4c, received 19,799.99 BTC. Potential Reasons Behind the Transfer The most … Continue reading “US Government Transfers $2 Billion in Seized Bitcoin from Silk Road” The post US Government Transfers $2 Billion in Seized Bitcoin from Silk Road appeared first on Cryptoknowmics-Crypto News and Media Platform .

Source: Cryptoknowmics