{"id":16111,"date":"2024-08-15T09:54:23","date_gmt":"2024-08-15T06:54:23","guid":{"rendered":"https:\/\/forklog.com\/en\/us-government-transfers-10000-silk-road-btc-to-coinbase\/"},"modified":"2024-08-15T09:54:23","modified_gmt":"2024-08-15T06:54:23","slug":"us-government-transfers-10000-silk-road-btc-to-coinbase","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/us-government-transfers-10000-silk-road-btc-to-coinbase\/","title":{"rendered":"US Government Transfers 10,000 Silk Road BTC to Coinbase"},"content":{"rendered":"<p>A wallet controlled by the US Department of Justice has transferred 10,000 BTC ($580 million), linked to the dark web marketplace Silk Road, to a Coinbase Prime wallet. The transaction was recorded by Arkham.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: 10K Silk Road BTC ($593.5M) moved to Coinbase Prime<\/p>\n<p>Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago. This BTC has just been sent on to 33J, a Coinbase Prime deposit wallet. <a href=\"https:\/\/t.co\/kNLsiJzL95\">pic.twitter.com\/kNLsiJzL95<\/a><\/p>\n<p>\u2014 Arkham (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1823755773987500286?ref_src=twsrc%5Etfw\">August 14, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Another address associated with the US government still holds 19,800 BTC ($1.15 billion) related to the shadow platform case.<\/p>\n<p>Overall, the US authorities <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/entity\/usg\">possess 203,239 BTC<\/a> and other cryptocurrencies valued at approximately $12.22 billion.<\/p>\n<p>Back in December 2023, an appellate court officially sanctioned the confiscation of 69,370 BTC, which belonged to the illicit online platform shut down over a decade ago. The assets were seized in November 2020.<\/p>\n<p>In April 2024, a US government-controlled wallet holding 30,174 BTC <a href=\"https:\/\/forklog.com\/en\/news\/us-government-transfers-2000-btc-to-coinbase\">initiated a transfer of ~2000 BTC<\/a> to a Coinbase Prime address.<\/p>\n<p>In July, the US Marshals Service selected the mentioned platform to provide storage and sale services for high-capitalization cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wallet controlled by the US Department of Justice has transferred 10,000 BTC ($580 million), linked to the dark web marketplace Silk Road, to a Coinbase Prime wallet. The transaction was recorded by Arkham. BREAKING: 10K Silk Road BTC ($593.5M) moved to Coinbase Prime Wallet bc1ql received 10K BTC from a known US Government wallet [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[236,26],"class_list":["post-16111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-silk-road","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"60","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16111"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16110"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}