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US Government now owns Silk Road’s $25 million Bitcoin hoard

17
Jan
2014

If were honest, asset seizures are inherently hilarious. After all, for every sports car thats flogged to boost the public purse, there must be an unsaleable giant mechanical heron just gathering dust in a federal warehouse. After shutting down Silk Road, the US has now gained a slightly more useful treasure for its collection: 29,665 in Bitcoin, currently worth around $25 million.

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