The U.S. government has received final approval in the Northern District of California to liquidate the seized bitcoins from the Silk Road.

Chief Judge Richard Seeborg of the U.S. District Court denied a motion to block the seizure of 69,370 bitcoins, allowing the Department of Justice to sell assets worth $6.5 billion.

This ruling does not guarantee immediate liquidation, as federal asset forfeiture involves multiple administrative steps and potential windows for appeal. The Department of Justice has already transferred some of the seized bitcoins in recent months. On December 3, 2024, the U.S. government transferred nearly $2 billion worth of Silk Road bitcoins to Coinbase.

This resolution comes at a time when the government's cryptocurrency holdings are facing political pressure. Elected President Donald Trump told holders at a cryptocurrency conference in Nashville last July to "never sell your bitcoins," and promised to establish a strategic "bitcoin reserve."

Recently surfaced documents have also raised questions about how these assets will be handled, as Trump is set to be sworn in less than two weeks from now. #丝绸之路 #比特币价格走势分析