Express

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

Last Update:

Tags:
Link: US To Dispose Of $130 Million In Bitcoin Linked To Silk Road   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.