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International Business Times
International Business Times
Business
Nica Osorio

HISTORICAL FACTS: From darknet to auction block us set to sell 130 million silk road linked bitcoin stash | History Defined

Bitcoin scams (Credit: Richard Patterson/flickr)

KEY POINTS

  • The first lot encompasses approximately 2,800 BTC
  • The second lot comprises 58 BTC
  • As of 3:10 a.m. ET on Friday, Bitcoin displayed resilience in the market, trading at $40,126.74

The United States Government has unveiled a strategic initiative to divest approximately $130 million worth of Bitcoins that were originally confiscated in connection with the Silk Road, a now-defunct clandestine online marketplace.

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