US Government Transfers $130 Million in Seized Silk Road Bitcoin to Coinbase

• The US government transferred some bitcoin to Coinbase from a wallet holding $2B worth seized from Silk Road • About 2,000 bitcoin worth $130M were moved to Coinbase • The wallet stems from the 2013 shutdown of illegal online marketplace Silk Road • Earlier this year, the government got approval to sell $13M worth of the bitcoin • The government still holds over 30,000 bitcoin worth $2B from the Silk Road seizure