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April 28, 2014 06:00 pm GMT

U.S. Government Is Turning Seized Silk Road Bitcoins Into Cash

silkroad_domain_seizedAs I noted in January, the U.S. government is quite interested in getting out of the Bitcoin business and has, thus far, been working hard to convert seized bitcoin to actual cash, a move that could affect the BTC markets if these large transactions happen For example, this press release by the Department of Justice outlines how they caught alleged Silk Road user Conrnelis Jan Slomp in Miami last… Read More

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