"Can you trust this Sun, can he buy it?"
The United States (US) government's plan to sell the cryptocurrency Bitcoin (BTC) has been the reason Tron (TRX) Founder Justin Sun intends to buy 41,500 of the digital assets worth $1.1 billion earlier this month.
It is reported that the government wants to sell the 51,351 BTC seized from hacker James Zhong following the theft of virtual assets from the Silk Road illicit market.
The string, the government was found to have sold around 9,861 BTC of the total amount seized by them to get a profit of more than $215 million, where now if selling the excess digital asset to Sun it would be worth $1.14 billion.
Going through the latest details in the US District Court for the Southern District of New York filing regarding the BTC seizure as well as the sentence that will be imposed on Shong.
The government said it would never sell the remaining BTC until Zhong's sentencing, which is scheduled for April 14.
It is widely known that Zhong has been accused of stealing BTC by deceiving the platform's payment processing system through the use of fake accounts and quick deposits for withdrawals of larger amounts.
In the meantime, Silk Road is a former darknet 'black market' that has been operating from 2011 to 2013 and is often linked to illegal activities such as money laundering including the drug business.
