The post U.S. Appeals Court Confirms Forfeiture of $1 Billion in Bitcoin Linked to Silk Road appeared first on Coinpedia Fintech News The U.S. Court of Appeals for the Ninth Circuit has affirmed the forfeiture of 69,370 bitcoins, estimated to be worth over $1 billion, previously connected to the notorious Silk Road dark web market. Following initial proceedings that began in August, this significant ruling came into effect recently with a filing in the U.S. District Court. …