‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge

The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected.

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The United States Government has just transferred $2 billion worth of Bitcoin — two days after former President Donald Trump promised that the US would never sell any of its Bitcoin during a speech in Nashville, in what one commentator has labeled "tone deaf." 

According to data from blockchain analysis platform Arkham Intelligence, the government wallet — which stored the Bitcoin seized from the shuttered dark web marketplace Silk Road in 2022 — transferred 29,800 Bitcoin (BTC) to an unknown wallet address on July 29.

The funds have since moved to another unknown wallet.

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