On January 20, 2025, President Donald Trump signed an executive order and granted a full pardon to Ross Ulbricht, the founder of the Silk Road dark web marketplace. Ulbricht, who was serving a life sentence for charges related to drug distribution and computer hacking, was convicted in 2015. Trump expressed his support for Ulbricht and ...
Bitcoin prices soared to over $109,000 early Monday, just before President-elect Donald Trump’s inauguration. The cryptocurrency gained momentum, rising 5 percent the previous Friday and jumping another $9,000 shortly after. Trump, once a critic of Bitcoin, now supports it, leading to optimism in the crypto community. He has promised to establish the U.S. as a ...
The U.S. Department of Justice has been given the green light to sell approximately 69,370 Bitcoin, valued at about $6.5 billion, which was seized from the Silk Road darknet marketplace. This decision follows a long legal battle over the ownership of the Bitcoin, with Battle Born Investments attempting to block the sale but ultimately failing. ...
The U.S. government recently transferred around 20,000 Bitcoin, valued at approximately $1.9 billion, from a wallet linked to the Silk Road to Coinbase. This wallet still holds about $18 billion in Bitcoin. The move included a small test transfer of 0.001 Bitcoin before the substantial transfer to an intermediary wallet and then to Coinbase. This ...
