this post was submitted on 04 Dec 2024
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68
U.S. Transfers $1.9B in Silk Road Bitcoin to Coinbase Prime (www.worldcoinindex.com)
submitted 5 months ago by lzfm@lemmus.org to c/technology@lemmy.world
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[–] MCasq_qsaCJ_234@lemmy.zip 29 points 5 months ago (2 children)

Wait, isn't this money laundering?

[–] schizo@forum.uncomfortable.business 35 points 5 months ago (2 children)

As with all things in America, it's only illegal if a normal person does it.

If you're rich or politically connected (or are the actual government), anything goes.

[–] AlDente@sh.itjust.works 7 points 5 months ago

In what way is this money laundering? Isn't it normal for the government to liquidate seized assets?

[–] roofuskit@lemmy.world 21 points 5 months ago (1 children)

Time to see what a 1.9b sell off looks like.

[–] AlDente@sh.itjust.works -1 points 5 months ago

Will you buy the dip? It'll be a nice opportunity.

[–] Mora@pawb.social 5 points 5 months ago

I mean... how likely is it that the wallet just was stolen from the government. Unless there is a statement, I'd rather attribute this to incompetence than malignancy.