US Supreme Court knocks back case over $4.4B Silk Road Bitcoin
The top court in the US won’t hear Battle Born Investments’ case claiming it purchased rights to 69,370 Bitcoin seized by the US from the online black market Silk Road.
*Denial list of cases from the US Supreme Court. Source: Supreme Court*
The case was brought forth by Battle Born Investments, which claimed it had purchased rights to the seized Bitcoin. However, the Supreme Court's refusal to review the case means that the lower court's ruling stands, allowing the government to retain control over the seized assets.
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