The United States Marshals Service (USMS) has announced that they have successfully auctioned off the final batch of bitcoins seized from the defunct online black market Silk Road. The USMS stated that the auction, which took place on November 4th, successfully sold all of the remaining 144,000 bitcoins that were confiscated from Silk Road in […]
How Did Government Seize Bitcoin
In December 2017, the U.S. government seized more than $22 million worth of Bitcoin from an illegal drug marketplace known as Silk Road. This seizure was the first time that the U.S. government had ever seized Bitcoin. Silk Road was an online marketplace that was used to sell illegal drugs and other contraband. The site […]
Read Time:
19 Min
0
0