Breaking: US Government Transfers 29,800 Bitcoin From Silk Road

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The story "Breaking: US Government Transfers 29,800 Bitcoin From Silk Road" was covered 11 hours ago by CoinGape, a news publisher based in India.

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Breaking: US Government Transfers 29,800 Bitcoin From Silk Road - CoinGape

Quick Summary:

The United States Government has just transferred more than $2 billion worth of Bitcoin (BTC) from the stash it confiscated from the dark web marketplace – Silk Road.

This marks one of the biggest Bitcoin transfers from the government in recent times, a move that is rattling the market.

The first involved the transfer of 27,799 BTC and another worth 0.001 BTC to a different wallet.