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US law enforcement confiscates 749 Bitcoin tied to decade-old Silk Road crimes

U.S. Authorities confiscated 749 Bitcoin valued at 62.5 million USD, connecting them to Silk Road drug trafficking and money laundering.

The seizure involved a former Silk Road drug vendor and an accomplice, with funding traced through various transactions on the platform.

Despite the shutdown of Silk Road, efforts continue to track and recover assets, underscored by exchanges’ roles in identifying illicit activities.

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