Ripple acquires prime broker Hidden Road for $1.25 billion

Ripple will use its financial muscle to capitalize Hidden Road’s prime brokerage, clearing, and financing platform The Ripple USD (RLUSD) stablecoin will help power cross-margining between digital assets and traditional markets.

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Bitcoin Braced For Potential Downward Pressure With U.S. Cleared To Sell $6.5 Billion In Silk Road BTC

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Silk Road’s $6.5B Bitcoin stash poses no short-term risk if sold OTC – CryptoQuant

CryptoQuant believes the US government selling $6. 5 billion in Bitcoin confiscated from Silk Road would not have an adverse impact on the market if sold via over-the-counter (OTC) desks, according to a Jan.

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US Government can now sell $6.5 billion Silk Road Bitcoin before Trump enters office

According to DB News, the U. S. government has been granted clearance to liquidate 69,370 BTC seized from the Silk Road marketplace following a federal judge’s ruling on Dec. 30. Silk Road Bitcoin cleared for sale The Department of Justice (DOJ) sought expedited permission to sell, citing price volatility as a key reason for avoiding further […] The post US Government can now sell $6.

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Market Crash Coming? US Government Transfers Nearly $2 Billion In Silk Road Bitcoin To Coinbase

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US Bitcoin Dump Worth $4.3 Billion Incoming, Schiff Sounds Alarm

US government may now offload $4.3 billion in Bitcoin confiscated from Silk Road, sparking warnings from Peter Schiff about potential market crash

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Bitcoin market braces for volatility as US prepares $4.38B Silk Road asset sale

The U.S. government may sell a $4.38 billion Bitcoin stash following a recent Supreme Court decision tied to Silk Road assets.

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Silk Road Bitcoin: US Supreme Court denies $4.4b ownership case request from Battle Born

The United States Supreme Court has denied Battle Born Investment’s case over ownership of 69,370 Bitcoin — worth $4.38 billion — that the US seized from the dark web marketplace Silk Road. The US Supreme Court published an order list…

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Supreme Court clears path for US to sell $4.4 billion in seized Silk Road Bitcoin

Supreme Court allows US to sell 69,370 Bitcoin seized from Silk Road, setting up a $4.4 billion Bitcoin auction. The post Supreme Court clears path for US to sell $4.4 billion in seized Silk Road Bitcoin appeared first on Crypto Briefing.

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Massive Silk Road Bitcoin Stash Worth $2 Billion Moved By US Government

A crypto wallet labeled as belonging to the U.S. government transferred roughly $2 billion worth of confiscated Bitcoin (BTC) connected to the infamous Silk Road marketplace to a new unlabeled address — sending the price of Bitcoin lower and igniting investor concerns about selling the assets just two days after presidential hopeful Donald Trump’s promise […]

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US govt moves $2b worth of Bitcoin after Trump’s ‘no sell’ speech

Bitcoin fell slightly on Monday as the U.S. government transferred a significant amount of Bitcoin from its Silk Road crypto trove. Data from Arkham showed that the U.S. government sent approximately $2 billion worth of Bitcoin (BTC) to a new…

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Bitcoin dips to $66K as US moves $2 billion in seized BTC to unidentified wallets

Bitcoin experienced a sharp decline to roughly $66,300 on July 29 after the US government transferred $2 billion worth of seized bitcoin (BTC) tied to the Silk Road marketplace. Arkham Intelligence revealed that a US government-owned wallet transferred 29,800 BTC to an unidentified address with no prior transaction history on July 29.

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Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of 'Silk Road' Tokens

The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence.

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Crypto price predictions: Nervos Network, Wormhole, BitBot

Cryptocurrency prices drifted upwards during the weekend as the Grayscale Bitcoin Trust (GBTC) liquidations continued. They also retreated after the federal government transferred $2 billion worth of Silk Road coins to Coinbase.

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Bitcoin (BTC) Whales' Holdings Skyrocket by 6,900% Amid Price Dip

Bitcoin (BTC) witnesses crazy 6,900% increase in whale activity worth $2 billion, but surprising Silk Road twist emerges

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A Deeper Pullback Ahead For BTC Price? U.S. Government Moves $2 Billion Seized Silk Road Bitcoin

Approximately $2 billion worth of Bitcoin previously seized by the United States authorities and connected to the now-shuttered Silk Road dark web marketplace has been transferred to a new wallet address.

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US Government Prepares for Massive Bitcoin Sell Off, But…

The crypto markets experienced a shakeup today as Watcher Guru reported that the U. S. government transferred 30,174 Bitcoin worth $2. 1 billion seized from the Silk Road dark web marketplace to cryptocurrency exchange Coinbase.

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Bitcoin Thief’s Decade-Long Heist: Solving The Mystery Of The Stolen Silk Road BTC

In 2012, a staggering 50,000 Bitcoin (BTC) were stolen from the infamous Silk Road, an illicit dark web marketplace. Over the years, the value of the stolen BTC skyrocketed to $3 billion, making it one of the most significant mysteries in cryptocurrency.

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US government transfers BTC worth $300m from Coinbase

The US government moved over $297 million worth of bitcoin (BTC) seized from the Silk Road hacker in March. The total amount captured from the hacker was worth over $1 billion — 49,000 bitcoins — in March. At the current…

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How Can Distributed Ledger Technology Save TradFi $100 Billion A Year? Experts Share Their Views

The launch of blockchain technology led to a renewed focus on decentralized finance (DeFi) which many have seen as a competitor to centralized finance (CeFi). Over a decade down the road, perspectives may be changing.

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Silk Road attacker receives one year sentence for $3.4B Bitcoin theft

A Georgia resident has been sentenced to one year in prison following a $3. 4 billion Bitcoin theft, the U. S. Attorney’s Office Southern District of New York announced April 14. Zhong stole billions in BTC in 2012 The authorities said that James Zhong first committed wire fraud against Silk Road in 2012.

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DigiToads (TOADS) – Revolutionary P2E meme coin joined by Chillz and IMPT

Putting your money into a cryptocurrency with a small market value could pay off hugely down the road. Having a market cap of less than $1 billion means these coins have a lot of space to develop and spread their influence.

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U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears

The DOJ may have sent some of the seized Silk Road funds to Coinbase, but that doesnt mean theyre about to liquidate. $1.08 Billion in BTC It appears that some...

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BTC hovers around $22k, US Silk Road BTC address awakens

As of March 8, the price of bitcoin (BTC) is trading around $22,000, with a trading volume of $30.34 billion over the past 24 hours.

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Feds seized $3.36 billion worth of bitcoin linked to Silk Road darknet market

U.S. Attorney Damian Williams announced Monday that authorities had seized over 50,000 bitcoins, allegedly linked to the illegal online marketplace, Silk Road. At the time of the seizure, the digital currency was valued at around $3.36 billion. Silk road fraud…

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U.S. Government Seizes $3.4 Billion Worth of Bitcoin from Silk Road Scammer

The U.S. government has announced its second-largest cryptocurrency seizure to date

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U.S. Department of Justice Seized Over $3.36 Billion In Bitcoin Tied To Silk Road

James Zhong stole over $3 billion BTC from Silk Road by committing wire fraud and possibly faces over 20 years in prison in the latest U.S. seizure.

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Over 50K BTC from Silk Road worth officially seized by DOJ after 10 year investigation

The United States Attorney has announced that the Department of Justice has officially seized Bitcoin valued at $3. 36 billion at the time of appropriation in connection with the 2012 Silk Road fraud.

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U.S. Seizes $3.3 Billion In Bitcoin Linked To Silk Road Dark Web

According to a press release, the U.S. Department of Justice (DoJ) seized over $3.3 billion or 50,000 Bitcoin (BTC) tied to the infamous digital Silk Road. This capture is one of the largest in history for the DoJ, the Southern District of New York, and the Internal Revenue Service (IRS) criminal division.  Related Reading: Wuhan […]

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US Seizes 50K Bitcoins Related to Silk Road Marketplace

Damian Williams, the United States Attorney for the Southern District of New York, announced the seizure of $3.36 billion of bitcoin related to Silk Road, a darkweb marketplace.

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Ross Ulbricht’s $183M Silk Road fine to be paid via $2.7B in BTC recovered from hacker

In a recent development, roughly $2. 7 billion in Bitcoin (BTC) was recovered from a wallet linked to a Silk Road hack in 2013 and will be used to wipe out the debt owed to the United States Government by creator Ross Ulbricht.

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Quits? Ross Ulbricht Agrees To Pay U.S. Gov’t Using $3 Billion In Stolen Bitcoins

If Silk Road (Ross Ulbricht?) rings a bell then you might have heard about the dark web marketplace where you can buy the craziest stuff that you won’t find in “normal” stores or elsewhere because it’s illegal.

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Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183M Debt

Silk Road creator Ross Ulbricht will see his $183 million debt to the U.S. government wiped out following the seizure of $3 billion in bitcoin.

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Web3: Onboarding the next billion users — The road ahead

Polarization in public discourse is increasing, and to stop it, the world desperately needs the next generation of the internet: a decentralized Web3.

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Silk Road Top Operator Forfeits Over $600,000 Worth Of Bitcoin

A top-level administrator of the popular darknet marketplace, Silk Road has been ordered to forfeit over $600k worth of BTC. Since the crackdown by law enforcement agents, over $1 billion worth of BTC has been seized.

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Binance Beefs Up Its Team After Bringing Former IRS Agent On Board To Head Intelligence Division

Binance recruits a former IRS top agent to lead its new intelligence agency in a bid to improve regulatory compliance. Tigran Gambaryan was involved in the Silk Road investigation that led to the closure of the illegal marketplace and seizure of over $1 billion in BTC.

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China Again? — Why The Crypto Market Lost Over $300 Billion In Hours And What To Expect

Key takeaways: Crypto-market records over s$1 billion worth of Crypto liquidations in hours.   Liquidated long positions significantly surpass shorts. Fundamental factors pose serious threat to the market, but the road to recovery is near.

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Here’s What Happens To All Of The Crypto Assets The IRS Seizes

Crypto continues to be a controversial asset when it comes to the law and crime. Just this fiscal year alone, the IRS has seized $1. 2 billion worth of cryptocurrency. The U. S. government started seizing crypto assets during the Silk Road shutdown of 2013.

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There’s A Bumpy Road Ahead For BTC Bulls As 26% Of Bitcoin Supply Is Currently At Risk

While Bitcoin has managed to correct weekly losses, leaving only around 1% in the red zone, the road ahead is still blurry for the $700 billion market. At a press time price of $37,746, Bitcoin bulls reflect a shaky market, as bulls’ ability to break $40,000 is prolonged.

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Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent

Over $3 billion worth in bitcoin seized by the U. S. Department of Justice (DOJ), belonging to Silk Road, are likely linked to a former U. S. Secret Service agent. The latest findings suggest that “Individual X” is, in fact, Shaun Bridges.

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$3 Billion Silk Road-Related Bitcoin Seizure Linked to Secret Service Agent

$3 billion worth of Bitcoin tied to defunct narcotics bazaar Silk Road was likely seized from a corrupt Secret Service agent

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A million down, a billion to go: How does DeFi reach mass adoption?

A report this weekend claimed that DeFi has reached a million users, but the emerging financial vertical has a long road to travel towards widespread success.

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A Look at ‘Individual X’ and the Seized Stash of Silk Road Bitcoins Worth $1 Billion

On November 3, 2020, the cryptocurrency community noticed that one of the largest addresses holding 69,369 bitcoins from the Silk Road were transferred. Following the onchain movement, the U. S. government revealed it had seized the coins from a person they dubbed “Individual X.

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US Government Seizes 69,270 Bitcoin in Largest Ever Cryptocurrency Bust

Remember the $1 billion worth of Bitcoin belonging to Silk Road that moved this week? Well, it turns out it was the US authorities doing the moving. The US is suing for the forfeiture of 69,270 BTC, worth more than $1 billion at current prices.

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US DoJ Seizes $1 Billion in Bitcoin Hacked From Silk Road

When $1 billion in bitcoin (BTC) moved on Nov 3, 2020, from a Silk Road wallet, speculations were aplomb. The US government soon revealed that they had taken the bitcoin in the largest cryptocurrency seizure in history.

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Government Seizes 69,730 Bitcoin ($1 Billion) Tied To Silk Road

Federal prosecutors have seized 69,730 ($1 billion worth) of bitcoin associated with darknet marketplace Silk Road. Here’s what we know so far. The post Government Seizes 69,730 Bitcoin ($1 Billion) Tied To Silk Road appeared first on Bitcoin Magazine.

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US Government Now a Bitcoin Whale Thanks to $1 Billion Silk Road Seizure

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US Government Joins Bitcoin Whales Thanks to $1 Billion Silk Road Seizure

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US DoJ seizes $1 billion in crypto linked to Silk Road

US Department of Justice announced on 5 November that it has filed a complaint to seize $1 billion worth of cryptocurrencies, in connection with the underground online marketplace Silk Road. In the doThe post US DoJ seizes $1 billion in crypto linked to Silk Road appeared first on AMBCrypto.

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