SCOTUS turns down case involving stolen Silk Road Bitcoin

Source: CoinTelegraph

“The United States Supreme Court declined to take on a case concerning the ownership of 69,370 Bitcoin — worth $4.38 billion — that the US government [stole] from the dark web marketplace Silk Road. The request for review was brought by Battle Born Investments, a company that claimed it had purchased rights to the [stolen] Bitcoin through a bankruptcy estate. The Supreme Court’s refusal to hear the case could clear the US government to [fence] the stack of Bitcoin. Battle Born previously failed to convince a district court in 2022 and an appeals court in 2023 that it had acquired the BTC through a bankruptcy claim after Silk Road shut down in 2013.” (10/08/24)

https://cointelegraph.com/news/supreme-court-wont-hear-silk-road-bitcoin-ownership-case