The U.S. government plans to sell about $4.4 billion in Bitcoin seized from the Silk Road marketplace. This sale follows a Supreme Court decision that allowed the government to proceed without further appeals regarding the Bitcoin’s ownership. This development marks one of the largest Bitcoin sales in history, likely impacting the cryptocurrency market significantly.
🇺🇸 US government to sell $4 billion in #Bitcoin soon 👀 pic.twitter.com/Z8blxeAGxI
— Vivek⚡️ (@Vivek4real_) October 8, 2024
Sources:
https://finbold.com/u-s-economist-warns-government-is-getting-ready-to-sell-4-billion-bitcoin/
https://cryptobriefing.com/supreme-court-silk-road-bitcoin/
Views: 258