2024

Bitcoin

Silk Road

Coin

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 <li><strong>Scott Johnsson asserts that the USMS’ Bitcoin transactions signal a sell-off.</strong></li> 
 <li><strong>The lawyer points out a previous agreement between the USMS and Coinbase Prime.</strong></li> 
 <li><strong>Johnsson states that the move may have accelerated after Donald Trump’s support for Bitcoin.</strong></li> 
</ul> 
<p>The US Marshals Service recently moved 10,000 Bitcoins, possibly tied to the Silk Road seizure. This has sparked discussions about whether the government is selling off its Bitcoin. Finance lawyer Scott Johnsson contends these transfers point to an upcoming sale, referencing a previous <a href="https://coinedition.com/coinbase-helps-u-s-marshals-sell-seized-bitcoin/">deal with Coinbase Prime</a>.</p> 
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   <p lang="en" dir="ltr">Yes, US Marshal Service (USMS) is almost certainly selling silk road bitcoin. Joey is right (at least in the present). USMS has been sending BTC to a custodial address required by the terms of the servicing agreement that USMS entered into with Coinbase in June. Given the…</p>— Scott Johnsson (@SGJohnsson) <a href="https://twitter.com/SGJohnsson/status/1824285716286751214?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 16, 2024</a>
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<p>Highlighting his arguments on the USMS’ Bitcoin activity, Johnsson drew attention to its connection to a previous agreement with the USMS and Coinbase. According to the terms of the agreement that began in June, if the USMS assets are transferred to Coinbase Prime, it implies a s…</p>
<p>The post <a href="https://coinedition.com/the-us-marshals-are-moving-bitcoin-should-you-worry/">The US Marshals Are Moving Bitcoin. Should You Worry?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

The US Marshals Are Moving Bitcoin. Should You Worry?

Coin Edition

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