Eric Liboiron La Presse

Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase

Some 3,940 bitcoin originally seized from a Silk Road vendor was moved by the the wallet, according to an Arkham Intelligence social media post. “This BTC was originally seized from narcotics trafficker Banmeet Singh, and forfeited at trial in January 2024,” the post said.

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