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05 December 2020

Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding | Technology Bitcoin News

Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding | Technology Bitcoin News


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Analytics firm Coinfirm says the US Department of Justice (DOJ)’s seizure of digital assets associated with the now-defunct Silk Road left behind tokens worth millions of dollars.

However, in its update following “a self-funded investigation”, the analytics firm says the US “government seemingly overlooked and left it in the hands of whoever has access to the private keys of the main wallet.” While Coinfirm is claiming that funds worth millions of dollars are still outstanding, the firm has so far only released information on tokens whose total value does not exceed $1 million.

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