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US To Dispose Of $130 Million In Bitcoin Linked To Silk Road

Mary Liu

Summary: U.S. officials plan to dispose of nearly 2,875 BTC seized from Ryan Farace and Sean Bridges during a darknet Silk Road law enforcement operation, worth approximately $130 million, according to a notice filed by U.S. officials. It is reported that the US Department of Justice accused the suspect Farace (also known as Xanaxman) of selling illegal ...

U.S. officials plan to dispose of nearly 2,875 BTC seized from Ryan Farace and Sean Bridges during a darknet Silk Road law enforcement operation, worth approximately $130 million, according to a notice filed by U.S. officials.

It is reported that the US Department of Justice accused the suspect Farace (also known as Xanaxman) of selling illegal items through the dark web in 2018 and seized related funds in 2021.

By Mary Liu

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