In November 2020, an individual identified as 'Individual X' aided IRS agent Tigran Gambaryan in transferring 69,370 bitcoins to US government control, valued at $4.4 billion.
Over the years, various parties, including Battle Born Investments, claimed ownership of the seized bitcoins, leading to legal battles before the Supreme Court affirmed the US government’s rights.
IRS investigator Gambaryan, who traced the bitcoins' origin linked to the Silk Road, now finds himself in a Nigerian jail as the forfeiture process concludes.
The Supreme Court's refusal to hear an appeal regarding the Bitcoins underscores the complexities of cryptocurrency ownership and the ongoing disputes surrounding its legal status.
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