šØ Breaking News: U.S. Government Set to Auction $4.4 Billion in Bitcoin After Major Legal Win! šØ
In a landmark decision, the U.S. Supreme Court has cleared the path for the U.S. government to auction off 69,370 Bitcoin seized from the infamous Silk Road marketplace This decision, valued at approximately $4.4 billion, marks one of the largest Bitcoin auctions in history .
š What's the Background?: The Bitcoin was originally stolen from Silk Road by an individual known as "Individual X." After a lengthy legal battle, the Supreme Court declined to hear an appeal, upholding a 2022 ruling that orders the government to liquidate the seized Bitcoin
š What's Next?: The U.S. government is now preparing for the auction, which could have significant implications for the cryptocurrency market. Stay tuned for more updates as this historic event unfolds!