The U.S. government plans to deal with the $117 million worth of Bitcoin seized in the Silk Road law enforcement operation

According to a notice submitted by the U.S. authorities, they plan to deal with nearly 2,875 Bitcoins seized from Ryan Farace and Sean Bridges during the dark web Silk Road law enforcement operation, worth about $117 million. It is reported that in 2018, the U.S. Department of Justice accused suspect Farace (also known as Xanaxman) of selling illegal items on the dark web and seized related funds in 2021.