Court filing: the US government got final approval in the Northern District of California to liquidate 69,370 BTC, worth $6.5B, seized in its Silk Road probe (Vince Dioquino/Decrypt)

1 month ago 8

Vince Dioquino / Decrypt:
Court filing: the US government got final approval in the Northern District of California to liquidate 69,370 BTC, worth $6.5B, seized in its Silk Road probe  —  The ruling does not ensure immediate liquidation of the seized Bitcoin, as federal asset forfeiture requires several administrative processes.