The judgment was first made in August and has now been cleared to take effect, according to a filing in the U.S. District Court of Appeals for the Ninth Circuit.
A U.S. appeals court has concluded the legal process to officially confiscate 69,370 Bitcoin and other crypto from defunct dark web marketplace Silk Road.
According to a Dec. 20 court filing, the U.S. District Court of Appeals for the Ninth Circuit has affirmed the transfer of the Bitcoin to federal control. This action follows a prior ruling that declared the government’s claim to the digital assets associated with Silk Road’s illicit operations.
The seized Bitcoin assets also included Bitcoin gold (BTG), Bitcoin SV (BSV), and Bitcoin Cash (BCH), in addition to Bitcoin.
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Source: https://cointelegraph.com/news/us-court-approves-forfeiture-69k-btc-silk-road