U.S. Marshals Miss Deadline to Clarify Seized Silk Road Bitcoin
- The U.S. Marshals Service did not meet Senator Cynthia Lummis’ January 31st deadline to explain the fate of seized Bitcoin from Silk Road.
- Senator Lummis inquired about the exact amount of Bitcoin held, future plans for the coins, and management protocols.
- Silk Road founder Ross Ulbricht was pardoned by President Trump but had previously forfeited hundreds of thousands of Bitcoin.
- Approximately 195,092 Bitcoin were sold between 2014 and 2023 for $366.5 million, potentially losing over $18.5 billion in value.
The U.S. Marshals have yet to respond to Senator Lummis’ inquiries regarding the management and liquidation strategy for the seized Bitcoin assets from Silk Road.
Source (2.6)https://dailyhodl.com/2025/02/03/us-marshals-ignore-senator-cynthia-lummis-deadline-to-explain-seized-silk-road-bitcoin/?rand=59076
