The largest-ever seizure of cryptocurrency by the U.S. government has worked out to be a windfall for taxpayers.
At issue are thousands of bitcoins seized in November 2020 in connection with the illegal Silk Road marketplace, a dark web forum on which drugs and other illicit products were bought and sold with the digital currency.
The bitcoins are still in the government’s possession, for bureaucratic reasons. And in the year since, bitcoin has tripled in price.
So what was once worth $1…
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