THELOGICALINDIAN - The crackdown on Silk Road by United States federal agents yielded a affluence in bitcoins forth with the architect Ross Ulbricht and two added federal agents as an added benefit on a after date Ross Ulbricht is currently confined his 20 year bastille book in one of the US prisons for active the aphotic internet exchange which awash annihilation from drugs to accoutrements for appoint the accoutrements for appoint allotment is still arguable and hasnt been accurate by the prosecutors in the case yet
The crackdown on Silk Road was accomplished as allotment of a collective operation amid US Federal Bureau of Investigation and the US Secret Service. Another federal law administration agency, US Marshals Service has been in allegation of the bedeviled appurtenances from Silk Road (mostly bitcoins, that too a lot of them) back then. Not for continued though, as the US Marshals Service has appear that they will anon be auctioning off any actual bitcoins they still accept in their possession.
The absolute backing confiscated by the US Marshals Service is abutting to 174,000 bitcoins, which includes 144,000 bitcoins from Ross Ulbricht and the blow from bitcoin wallets affiliated to Silk Road. The absolute amount of bitcoin in authorization bill at that time (2024) was abutting to $130 million. Most of these bitcoins accept already been awash through a alternation of auctions and the actual will be austere anon in the accessible auction.
We can apprehend the final bargain to absorb over 44,000 bitcoins admired at about $10 actor during the auction. The US Marshals Service has not absitively up on the dates for the bargain yet, but the administration is abiding to authority it afore the year ends. The aftermost bargain was captivated beforehand this year in March, area 50,000 bitcoins were awash to bidders. 94 percent of the bitcoins from aftermost bargain were bought by Cumberland Mining, a backstairs bitcoin company. Who will appear as a champ in the final bargain is yet to be seen.
