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International Business Times

Business

Marvie Basilan

YOU WONT BELIEVE: Us moves 2b in seized bitcoin from silk road on chain data - You Need To See This

Bitcoin United States Bitfinex Crypto Coinbase blockchain James Zhong

Billions worth of Bitcoin stolen from the darknet Silk Road website were seized by the U.S. government in November 2021. (Credit: Bybit/flickr.com)

KEY POINTS

The U.S.-labeled wallet specifically transferred 30,174.7 BTC
Some crypto experts see the move as a positive signal on how the U.S. views crypto
The U.S. government also moved seized Silk Road BTC last year

A digital wallet identified by multiple blockchain analysis firms and crypto analysts as belonging to the U.S. government has moved billions worth of Bitcoin (BTC) seized from the notorious darknet Silk Road website late in 2021, on-chain data revealed.

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