US Court Greenlights Sale of $6.5B in Seized Silk Road Bitcoin ⚖️
In a notable development for the crypto world, a US court has approved the sale of Bitcoin worth $6.5 billion that was seized from Silk Road. However, the immediate liquidation of these assets isn't guaranteed. This is because federal asset forfeiture involves several administrative procedures that need to be completed first.
Consequently, while the ruling is significant, it doesn't translate to an immediate impact on the market, as these processes may delay the actual sale of the Bitcoins.
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