Logo

Cryptocurrencies
Exchanges
Binance LogoStart TradingAd

Silk Road


brown bear, grizzly bear, bear-7591629.jpg
Bitcoin Declines After U.S. Transfers $240M of Silk Road-Linked BTC to Coinbase

By FXCOINZ Editorial

27/06/2024

Bitcoin (BTC) dropped towards $60,000 after the U.S. Government moved approximately $240 million worth of seized BTC to a Coinbase Prime address, raising concerns among traders about a potential sale. This transfer involved around 3,940 bitcoin originally seized from Silk Road vendor Banmeet Singh during his January 2024 trial.