tldr; The US Supreme Court has allowed the sale of 69,370 Bitcoin seized from the Silk Road, valued at $4.4 billion. The appeal by Battle Born Investments, claiming ownership, was rejected, confirming government control. The US Marshal Service will oversee the sale, potentially impacting Bitcoin markets. The decision follows the Supreme Court’s refusal to hear Battle Born’s appeal, which argued rights to the Bitcoin through a bankruptcy estate. The sale could be the largest of seized Bitcoin, with political implications noted amid upcoming US elections.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Maleficent_Sound_919 on
When does this shit fucking end… like again and again with this bullshit
Lillica_Golden_SHIB on
They will probably sell just to see price going up 20% the following week
Maleficent_Sound_919 on
Come on Saylor this is your chance to bulk buy!
WineMakerBg on
Why not 69,420 lol
Brilliant_Group_6900 on
What is silk road bitcoin? China’s?
lennethluna on
Damn 4.4b
Insane.
hiorea on
*Sentiment is optimistic bullish news green candles everywhere btc climbing to 70k
Us Gov: Sikeee. They believed againd fud it now
kirtash93 on
Here we go again.
veridi5quo on
Damn this silk road saga. Its been a while, stop repeating the same shit every cycle
a_stoners_thro_away on
Only 50 BTC off… would have been glorious
Few_Assistant_9954 on
I see the US is doing the sell low buy high strategy.
No-Introduction-6368 on
Yeah so if they sell now Trump can later go, “Those Democrats sold off our countries future.” And he’ll be right.
14 Comments
tldr; The US Supreme Court has allowed the sale of 69,370 Bitcoin seized from the Silk Road, valued at $4.4 billion. The appeal by Battle Born Investments, claiming ownership, was rejected, confirming government control. The US Marshal Service will oversee the sale, potentially impacting Bitcoin markets. The decision follows the Supreme Court’s refusal to hear Battle Born’s appeal, which argued rights to the Bitcoin through a bankruptcy estate. The sale could be the largest of seized Bitcoin, with political implications noted amid upcoming US elections.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
When does this shit fucking end… like again and again with this bullshit
They will probably sell just to see price going up 20% the following week
Come on Saylor this is your chance to bulk buy!
Why not 69,420 lol
What is silk road bitcoin? China’s?
Damn 4.4b
Insane.
*Sentiment is optimistic bullish news green candles everywhere btc climbing to 70k
Us Gov: Sikeee. They believed againd fud it now
Here we go again.
Damn this silk road saga. Its been a while, stop repeating the same shit every cycle
Only 50 BTC off… would have been glorious
I see the US is doing the sell low buy high strategy.
Yeah so if they sell now Trump can later go, “Those Democrats sold off our countries future.” And he’ll be right.
Y don’t they HODL?