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Promise Fulfilled: President Trump Issues Full Pardon to Silk Road Creator Ross Ulbricht

Promise Fulfilled: President Trump Issues Full Pardon to Silk Road Creator Ross UlbrichtFulfilling one of his campaign promises, President Trump has issued a full pardon to Ross Ulbricht, creator and operator of Silk Road, one of the largest dark net markets ever created. Silk Road was one of the pioneering markets in the utilization and adoption of cryptocurrency. In truth Social, President Trump stated he called Ulbricht’s […]

Jordan to Create Comprehensive Digital Asset Regulatory Framework

President Trump Pardons Silk Road Creator Ross Ulbricht, Fulfilling Campaign Pledge

President Trump Pardons Silk Road Creator Ross Ulbricht, Fulfilling Campaign Pledge

President Trump has officially pardoned Silk Road creator Ross Ulbricht, fulfilling a campaign promise. Ulbricht created the online black marketplace in 2011, which facilitated the anonymous sale of illegal drugs and illicit goods using Bitcoin as a method of payment. After his arrest in 2013, Ulbricht received a double life sentence plus 40 years without […]

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Jordan to Create Comprehensive Digital Asset Regulatory Framework

Bitcoin Market Can Absorb DOJ’s Planned $6,500,000,000 BTC Liquidation Without Major Disruption: IntoTheBlock

Bitcoin Market Can Absorb DOJ’s Planned ,500,000,000 BTC Liquidation Without Major Disruption: IntoTheBlock

Market intelligence firm IntoTheBlock says that the Bitcoin (BTC) market can absorb the U.S. Department of Justice’s (DOJ) plan to liquidate billions of dollars worth of the asset without any hiccups. In a new article, IntoTheBlock says that the government is going to sell $6.5 billion worth of BTC associated with the Silk Road, a […]

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Jordan to Create Comprehensive Digital Asset Regulatory Framework

Bitcoin ETFs, MicroStrategy, whales spur 3X jump in private BTC txs: Analyst

CryptoQuant’s CEO Ki Young Ju dismissed the idea that private CoinJoin transactions are mostly used by hackers to launder stolen funds.

Private Bitcoin transactions — using a process called CoinJoin — has tripled since 2022 as a result of huge Bitcoin accumulators accelerating their purchases of Bitcoin, according to CryptoQuant. 

These Bitcoin whale addresses are primarily linked to spot Bitcoin (BTC) exchange-traded funds, MicroStrategy and custodial wallets, according to CryptoQuant’s Ki Young Ju, who explained that whales “frequently use privacy transactions” to transfer their funds to new institutional investors in a Dec. 26 X post.

CoinJoin transactions pool inputs and outputs from several parties in a way that obfuscates who might own an unspent transaction output.

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Jordan to Create Comprehensive Digital Asset Regulatory Framework

US government selling Bitcoin is a ‘huge strategic mistake,’ say observers

“There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said Space Force Major Jason Lowery.

Crypto industry executives and observers were quick to point out the folly of the United States government’s decision to transfer $1.9 billion of Bitcoin to Coinbase.

“This is a huge strategic mistake. There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” Jason Lowery, a United States Space Force major and author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, said on Dec. 3. 

“They have no idea what they own, and it shows,” he added: 

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Jordan to Create Comprehensive Digital Asset Regulatory Framework

DOJ Targets Crypto Exchange Accused of Silk Road Money Laundering, Operator Faces Prison Time

DOJ Targets Crypto Exchange Accused of Silk Road Money Laundering, Operator Faces Prison TimeA crypto exchange tied to Silk Road and alleged money laundering schemes now has its operator facing serious federal charges and prison time. Silk Road Connections Resurface as DOJ Targets Crypto Tycoon in $30M Scandal The U.S. Department of Justice (DOJ) announced on Monday that a federal grand jury in Indianapolis has indicted Maximiliano Pilipis, […]

Jordan to Create Comprehensive Digital Asset Regulatory Framework

Hacker Plunders $20,000,000 Worth of Crypto From Wallet Affiliated With the US Government: Arkham

Hacker Plunders ,000,000 Worth of Crypto From Wallet Affiliated With the US Government: Arkham

A hacker plundered $20 million worth of crypto from a wallet affiliated with the US government, according to the digital asset deanonymizing platform Arkham. Arkham notes the exploiter stole the crypto from a government address affiliated with funds seized from hackers who hit the exchange Bitfinex in 2016. The government address hacker stole $20 million […]

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Jordan to Create Comprehensive Digital Asset Regulatory Framework

Donald Trump Reaffirms Promise to Commute Ross Ulbricht’s Sentence

Donald Trump Reaffirms Promise to Commute Ross Ulbricht’s SentenceFormer President Donald Trump once again affirmed his intention to commute Ross Ulbricht’s sentence, the founder of the darknet marketplace Silk Road. On Truth Social, Trump shared a post featuring Ulbricht discussing his 12th year in prison, and Trump declared in all capital letters, “I WILL SAVE ROSS ULBRICHT!” Petition for Ross Ulbricht’s Freedom Gathers […]

Jordan to Create Comprehensive Digital Asset Regulatory Framework

Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime

Massive 3.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase PrimeA transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained, “Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago. This BTC has just […]

Jordan to Create Comprehensive Digital Asset Regulatory Framework

US Government Moves Over 29,799 Bitcoin (BTC) Worth $2,020,000,000 – Here’s Where It’s Headed

US Government Moves Over 29,799 Bitcoin (BTC) Worth ,020,000,000 – Here’s Where It’s Headed

The US government has reportedly moved more than $2 billion worth of Bitcoin (BTC) seized from the illicit online marketplace known as the Silk Road. The blockchain de-anonymizing platform Arkham Intelligence notes the government sent 10,000 BTC worth $669.35 million to one address and 19,800 BTC worth $1.33 billion to another. Arkham says the coin […]

The post US Government Moves Over 29,799 Bitcoin (BTC) Worth $2,020,000,000 – Here’s Where It’s Headed appeared first on The Daily Hodl.

Jordan to Create Comprehensive Digital Asset Regulatory Framework