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Bitcoin.com 2024-01-26 15:30:03

US Government to Sell $116 Million in Bitcoin Seized From Darknet Dealer ‘Xanaxman’

The forfeiture division of the U.S. government has announced its plan to sell 2,933.64 bitcoin. These were confiscated from Ryan Farace, who faced charges in 2021 for laundering proceeds from drug trafficking. Farace, also known by his alias Xanaxman, disclosed in his plea agreement that he utilized the infamous Silk Road marketplace. U.S. Forfeiture Division

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