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 The U.S. government recently moved 9,825 Bitcoin tokens from three wallets holding confiscated funds linked to the defunct online market Silk Road. 
 The U.S. government has transferred 9,825 Bitcoin (BTC) tokens, worth about $297 million, from three wallets that held some of the confiscated funds from Silk Road, the notorious online black market shut down in 2013. 
 According to Spot-on-Chain, a blockchain data surveillance platform, the massive movement of bitcoins involved two separate transactions. 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> 
 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> <a href="https://t.co/4hEbLN71Rc" rel="noopener noreferrer nofollow">pic.twitter.com/4hEbLN71Rc</a> 
 <a href="https://twitter.com/spotonchain/status/1679344293402804224?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 13, 2023</a> 
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 The&nbsp; <a class="editor-rtfLink" href="https://blockchair.com/bitcoin/transaction/7dcbeff9e6da0f4ec5133d2f8b6fbe8bb73e05c5ddc8f5e410d408f8150e02ca" target="_blank" rel="noopener noreferrer nofollow">first transaction </a>&nbsp;moved 8,200 BTC valued at $248 million to a new address. Then it divided them equally among 101 recipient addresses, each receiving 79.2 tokens. 
 In the&nbsp; <a class="editor-rtfLink" href="https://blockchair.com/bitcoin/transaction/3c4e8e98890fa5c633d2a4f853751513e0a6558baa2318914eec73c727ef8316" target="_blank" rel="noopener noreferrer nofollow">second transaction </a>, the government divided 1,625 BTC ($49.24 million) into two fresh wallets, with one getting 1,118.73 BTC ($33.87 million) and the other getting 506.55 BTC ($15.34 million). These wallets have not made any more moves. 
 These assets came from Silk Road, a web market that ran on the dark net and let users trade illicit products and services using Bitcoin as a payment means. 
 Notably, the latest fund movements come barely four months after the U.S. government&nbsp; <a class="editor-rtfLink" href="https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/ruTcRuwOsFsE/v0" target="_blank" rel="noopener noreferrer nofollow">dumped </a>... 
 <a href="https://thecryptobasic.com/2023/07/13/us-government-moves-over-9k-btc-to-101-addresses/" rel="noopener noreferrer nofollow">Read more</a>
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US Government Moves Over 9K BTC To 101 Addresses

TheCryptoBasic

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