Crypto Community Reacts To US Govt Silk Road Bitcoin Selling

April 03, 2023

Its in the air that US Government is trying to sell the Bitcoin they stole from Ross Ulbricht, creator of the darknet market website Silk Road.

Martini Guy tweeted to Coinbase and their CEO for freezing Gary Genslers trading account.

Users are speculating that Coinbase is bound to US Govt in the fear of getting blacklisted and banned.

A user named Strange tweeted- "Coinbase freezing the accounts of ordinary users but they can't do anything with US Gov accounts."

Twitter

The United States government has been selling bitcoin confiscated from the Silk Road case in 2013. 

According to a court filing, the government sold 9,861.1707894 Bitcoin on March 14, 2023.

The United States government plans to liquidate more than 41,000 Bitcoin BTC seized as part of a case connected to Silk Road creator Ross Ulbricht.