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DOJ clears path to sell $6.3B in Bitcoin seized from Silk Road marketplace


According to the government, Individual X hacked the Silk Road and stole the Bitcoins in question. The 69,370 Bitcoins have a street value of more than $6.3...

A federal judge has given the Department of Justice the green light to sell off thousands of Bitcoins tied to the government's shutdown of the Silk Road online black market. A Nevada-based venture capital firm, Battle Born Investments, attempted to block the sale as it sought to learn the identity of "Individual X." The market has cooled a bit since then but with Trump's second term kicking off next week, the volatile cryptocurrency could very well be gearing up for yet another wild run.

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