The Seizure of Silk Road Bitcoins Triggers Panic in the Crypto Market

The leader of the cryptocurrency market, Bitcoin (BTC), and the entire crypto industry were focused on a single news today. According to leading on-chain analysis platforms, the seized BTC from Silk Road, once one of the largest dark web platforms in the world, has been moved. This has raised the claim that the US government, which carried out the seizure, has put these bitcoins into circulation for sale. The news of the movement of 9,800 BTC has caused a stir in the market. So what are the latest developments in this news? Have BTC Sales Started? According to the latest information, 8,200 out of the 9,800 BTC associated with Silk Road have been officially transferred to new wallets. The remaining bitcoins have been moved to linked wallets known as “change wallets,” where funds remaining after transactions are transferred. However, there are debates about whether these remaining funds have actually been […] The post The Seizure of Silk Road Bitcoins Triggers Panic in the Crypto Market appeared first on COINTURK NEWS.