A U.S. appeals court has completed a legal process finalizing the seizure of 69,370 Bitcoin from the Silk Road, the now defunct dark web marketplace. According to a court filing, the U.S. District Court of Appeals for the Ninth Circuit confirmed the transfer of the Bitcoin to federal control. This enforcement follows an earlier ruling which established the government’s right to the digital assets tied to Silk Road’s illegal activities. The seized Bitcoin assets also included Bitcoin Gold (BTG), Bitcoin SV (BSV), and Bitcoin Cash (BCH), in addition to Bitcoins.
US Appeals Court Finalizes Seizure of Bitcoin from Silk Road
