Birdwatch Note Rating
2024-06-18 13:58:37 UTC - HELPFUL
Rated by Participant: 8DC07D2999054EB96731AB979D5E8051E067553E62689515E115F5723D888F75
Participant Details
Original Note:
The claim that Democrats sold 187,078 BTC for $282M is false. The US government has sold Bitcoin multiple times, but the amounts are much smaller, 29,656 BTC in 2014; 9,861 BTC for $216M in Mar '23; 2,900 BTC Silk sale in Jan '24. [1] https://cointelegraph.com/news/bitcoin-us-government-largest-bitcoin-hodlers-5b-in-btc-report [2] https://cryptoslate.com/the-us-governments-bitcoin-holdings-what-you-need-to-know/ [3] https://www.investopedia.com/news/how-us-government-handles-its-stash-bitcoins/ [4] https://blockworks.co/news/us-government-bitcoin-holdings-billions [5] https://cryptoadventure.com/heres-how-the-u-s-governments-bitcoin-holdings-reached-13-82-billion/ [6] https://jlopp.github.io/us-marshals-bitcoin-auctions/ [7] https://readwrite.com/u-s-government-moves-2-billion-in-seized-bitcoin-from-silk-road/ [8] https://www.nasdaq.com/articles/us-government-preparing-to-sell-30000-silk-road-bitcoin-on-chain-data-shows
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