US authorities move $300 million worth of bitcoin ─ Is it part of the seized bitcoin from the dark site | CoinDesk JAPAN | CoinDesk Japan

Two wallets linked to crypto assets seized from the dark web “Silk Road” tagged as US government-linked, seized $300 million (approximately 42 billion dollars) in three cryptocurrency transactions on the morning of the 12th. On-chain data reveals that more than 100,000 Bitcoins (BTC) have been moved.

Bitcoin fell 0.8% to $30,480 after the move, but has recovered to $30,660 at the time of this writing. around $340).

Government-controlled wallets have moved 9,825 bitcoins, worth $301 million, according to Bitcoin Block Explorer.

The same wallet moved over $1 billion in Bitcoin in March and sold 9,861 Bitcoin for $216 million. The move led to a downturn in major crypto assets.

In November 2023, the US government seized 50,000 Bitcoins related to the Silk Road.

｜Translation: CoinDesk JAPAN
｜Editing: Takayuki Masuda
｜Image: Blockchain.com
｜Original: Silk Road–Linked Bitcoin Worth $300M Moved by US Government: On-Chain Data