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

submitted 4 weeks ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

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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[–] [email protected] 3 points 4 weeks ago (1 children)

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

[–] [email protected] 2 points 4 weeks 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.

[–] CluckN 2 points 4 weeks ago

How did Mt. Gox users get their currency back? Is it because it was unaffiliated with Silk Road?