In a landmark decision, the US Court of Appeals ordered the seizure of approximately 69,370 Bitcoins and other cryptocurrencies. This decision is about the famous Silk Road case, which became final on August 18, 2023.
The development was first reported by a cryptocurrency expert known as Summers on Twitter.
At the time of this writing, the bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 wallet in question contains approximately $3 billion worth of BTC.
This decision finalizes the decision originally made on August 18, 2023.
*This is not investment advice.