"Hmm guess what will happen to the price of BTC if this happens?"
Previously, about $2 billion in Bitcoin (BTC) cryptocurrency connected to the Silk Road market was seized by the United States (US) authorities but now it has been found to have moved to a new address .
Menerusi pemerhatian, wallet yang dikaitkan dengan Jabatan Kehakiman (DOJ) AS telah buat transaksi 0.001 BTC ke address Coinbase Prime dan tidak lama selepas itu, wallet yang sama memindahkan 30,174 BTC bernilai $2 bilion ke address baharu.
It has been identified that the DOJ wallet containing BTC was seized from James Zhong, an individual convicted of charges related to crypto illegally obtained from Silk Road in 2022.
Zhong stole over 50,000 BTC from Silk Road in 2012 then US authorities in 2021 raided his property and found hard wallets containing BTC including one on a single-board computer buried under a blanket in a popcorn can.
Shortly after, most of the seized crypto was sent to the same address that transferred more than 30,000 BTC on April 2, 2024.
Dilaporkan pada Mac 2023, pihak berkuasa kerajaan AS telah jual 9,861 BTC bernilai $215 juta yang dirampas daripada Zhong dan kini hanya meninggalkan 40,000 BTC kemudian perlu diketahui transaksi semalam mengikuti harga BTC jatuh lebih 7%.
Defunct for more than 10 years, the Silk Road marketplace allowed users to buy and sell illicit goods such as weapons, drugs and stolen credit card information but US authorities arrested its creator Ross Ulbricht in 2013 who is currently serving a life sentence.