U.S. Moves $600M of Silk Road Bitcoin (BTC) to Coinbase Prime, but Not Necessarily to Sell

The last confirmed sale of Silk Road assets by the government was in March 2023, when it unloaded 9,861 coins for $216 million, according to court filings. The government laid out plans in the filing to sell the remaining assets in four tranches during that year, but there wasn’t follow-up communication about any sales since then.