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The U.S. government has received final approval from the Northern District Court of California to liquidate 69,370 BTC from federal seizure, ending a four-year legal battle tied to the Silk Road marketplace.

Chief Judge Richard Seeborg denied a motion to block the forfeiture, allowing the DOJ to sell the assets valued at $6.5 billion, though immediate liquidation is not guaranteed due to administrative processes.

https://storage.courtlistener.com/recap/gov.uscourts.cand.368440/gov.uscourts.cand.368440.173.0.pdf

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hes⚡️ 1y ago

DOJ competing with the German government to see who can make the worst trade. These will be bought back in a few months at a significantly higher price. Taxpayers lose once again.

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