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How much revenue will the U.S. government generate from the sale of Silk Road Bitcoins?
3
Resolution / Starting Odds
Less than $4 billion • 25%
$4 billion to $4.5 billion • 25%
$4.5 billion to $5 billion • 25%
More than $5 billion • 25%
Financial reports or statements from the U.S. government
Story
Supreme Court Allows U.S. Sale of 69,370 Seized Silk Road Bitcoins Worth $4.38 Billion
Oct 7, 2024, 09:37 PM
On October 7, 2024, the U.S. Supreme Court declined to hear a case involving the ownership of 69,370 Bitcoins seized from the defunct Silk Road marketplace, effectively clearing the way for the government to sell the assets valued at approximately $4.38 billion. The Bitcoins were seized in connection with the illicit activities of Silk Road, an online black market shut down in 2013. The decision removes legal obstacles, allowing the U.S. government to proceed with the sale.
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Below $3 billion • 25%
$3 billion to $4 billion • 25%
$4 billion to $5 billion • 25%
Above $5 billion • 25%
Below $200 million • 33%
$200 million - $250 million • 33%
Above $250 million • 33%
Yes • 50%
No • 50%
Below $50,000 • 25%
$50,000 to $60,000 • 25%
$60,001 to $70,000 • 25%
Above $70,000 • 25%
Debt reduction • 25%
Infrastructure projects • 25%
General budget • 25%
Other specified uses • 25%
Institutional Investor • 25%
Cryptocurrency Exchange • 25%
Private Investor • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Less than $20 trillion • 25%
$20 trillion to $40 trillion • 25%
$40 trillion to $60 trillion • 25%
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Less than 10% of estimated total • 25%
10% to 50% of estimated total • 25%
More than 50% of estimated total • 25%
Unable to seize any assets • 25%
