Bitcoin confiscated long time ago on move again
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Under the alias Dread Pirate, Ross Ulbricht introduced it in February 2011. In October 2013 the FBI closed down the website, and Ulbricht was taken into custody and given a life sentence. Other governments have also been selling their Bitcoin holdings in recent months. For example the German government has been selling off a significant portion of its $2 billion worth of Bitcoin holdings.
Unfortunately, large sales are coming in amid a period of high volatility on the market, where Bitcoin struggles to hold above $60,000. However, the precise motivations behind this transfer are unknown to the public. Usually the money raised from these sales goes toward funding different government initiatives or is given back to the people who were harmed in the crimes linked to the seized property.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to CoinbaseAoyon Ashraf is managing editor with more than a decade of experience in covering equity markets
Baca lebih lajut »
Study: Climate change drove the route shift of the ancient Silk Road in two distinct waysClimate change has convincingly been linked to the evolution of human civilization on different temporal scales. In a recent study published in the journal Science Bulletin, researchers note that the role of climate change in influencing spatial changes in ancient civilizations is rarely investigated.
Baca lebih lajut »
Trump Vows to Commute Sentence for Silk Road Founder While Sucking Up to Crypto BrosOr at least that's what we think he said, it's difficult to hear over all the booing.
Baca lebih lajut »
BTC Price Dropping — Who's Actually Selling Bitcoin?Bitcoin ETF flows might not always affect Bitcoin price
Baca lebih lajut »
BTC Price Dropping — Who's Actually Selling Bitcoin?Bitcoin ETF flows might not always affect Bitcoin price
Baca lebih lajut »
Michael Saylor Reacts as Bitcoin (BTC) Breaks Above $71,000Vocal Bitcoin proponent Saylor makes BTC prediction as Bitcoin surpasses $71,000 price mark
Baca lebih lajut »