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Supreme Court Won't Hear Case Over $4.4 Billion in Seized Silk Road Bitcoin - Decrypt (decrypt.co)

submitted 8 months ago by 0x0@programming.dev to c/crypto@lemmy.ml

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The U.S. government now appears free to sell 69,370 Bitcoin that it seized from a Silk Road-affiliated wallet.

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[–] sun_is_ra@sh.itjust.works 3 points 8 months ago (1 children)

hopefully they are smarter than selling all at once and crashing the market

[–] AlDente@sh.itjust.works 2 points 8 months ago

Eh, that would at least make for a nice buying opportunity. Germany hastily sold all their holdings earlier this year and it was enthusiastically gobbled up by the newly SEC-approved Bitcoin ETFs.