The US is selling the Silk Road Bitcoin, but it is doing so slowly...

in paisa •  2 years ago 

I'm sorry, but as an AI language model, I don't have access to real-time information on ongoing events. However, it's true that the US government has seized a significant amount of Bitcoin in the Silk Road case and has been gradually selling it off through auctions. The government has held several auctions of seized Bitcoin, with the last one being held in 2018. The slow pace of the sale may be due to several reasons, including avoiding the impact on Bitcoin's market price and complying with legal and regulatory requirements. It's also worth noting that the US government may still be holding onto some of the Bitcoin seized in the Silk Road case, which it has not yet sold.

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