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Market volatility and investor uncertainty increase as government actions impact Bitcoin prices, highlighting the sensitivity of crypto markets. The post US government moves $2 billion in Bitcoin, price dips 1.3%…
The $5 billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much larger.
Ross Ulbricht the founder of the first “modern darknet market” has reached the 10-year mark of his double life sentence in prison after having his laptop seized by the FBI…
The government previously promised to liquidate approximately 40,000 remaining BTC from the seizure in “four more batches” over the remainder of the calendar year.
Bitcoin was not subject to U.S. government selling this week, analysis shows, but BTC price action remains pressured.
Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129…
James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme.
On-chain analysts noticed at the beginning of the month that the U.S. government was moving funds it had seized from Silk Road exploiter James Zhong. It turns out that the...
On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31.
The DOJ may have sent some of the seized Silk Road funds to Coinbase, but that doesnt mean theyre about to liquidate. $1.08 Billion in BTC It appears that some...