$24 million worth bitcoin seized from drug dealers

in cryptocurrency •  6 years ago 

Hi all readers today's top news that 4000 bitcoin worth $24 million will be forfeited by the United States government during a crackdown of vendors on dark web marketplaces.

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The US government had forfeited bitcoins from the founder of the defunct dark web marketplace Silk Road. They had also subsequently auctioned 80,000 bitcoins from 2013 to 2014.
More than 3,800 bitcoins (worth $51 million) were auctioned by the US Marshals Service earlier this year. Meanwhile, 500 bitcoins were confiscated by the US government in March.

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a news to worry for many crypto investors. Although crypto won't let down anyone at the end !!!