U.S. Government Is Turning Seized Silk Road Drug Trafficking Bitcoins Into Cash

John Biggs posted: "As I noted in January, the U.S. government is quite interested in getting out of the Bitcoin business and has, thus far, been working hard to convert seized bitcoin to actual cash, a move that could affect the BTC markets if these large transactions happe"

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U.S. Government Is Turning Seized Silk Road Bitcoins Into Cash

by John Biggs

As I noted in January, the U.S. government is quite interested in getting out of the Bitcoin business and has, thus far, been working hard to convert seized bitcoin to actual cash, a move that could affect the BTC markets if these large transactions happen For example, this press release by the Department of Justice […]

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John Biggs | April 28, 2014 at 7:00 am | Tags: bitcoins, cash, feds, silk road | Categories: TC | URL: http://wp.me/p1FaB8-4ayk

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