Summary
US government may be on the verge of liquidating remaining Bitcoin from Silk Road through a test transaction. Coinbase received the transaction and it appears the purpose is to sell the coins, as done in the past. Last March, 10,000 bitcoin related to Silk Road were sold. US Marshals Service has helped the US government sell 195,000 BTC despite attempts to hold the funds as a strategic asset.
Key Points
1. The US government sent a test transaction indicating it may be preparing to liquidate the remaining Bitcoin confiscated from Silk Road, worth $2 billion.
2. Coinbase received the transaction from the Silk Road-related funds, suggesting the purpose of the transaction is to sell the coins, as done in the past.
3. The US Marshals Service, a major Bitcoin seller, has helped the US government sell 195,000 BTC despite attempts by lawmakers to have the agency hold the funds as a strategic asset.