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U.S. Government Is Turning Seized Silk Road Bitcoins Into Cash

April 29, 2014 in Bitcoin, Digital Currency, News, US Government

By John Biggs. April 28th, 2014 (http://techcrunch.com/)

As I noted in January, the U.S. government is quite interested in getting out of the Bitcoin business and has, thus far, been working hard to convert seized bitcoin to actual cash, a move that could affect the BTC markets if these large transactions happen

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