The US government plans to sell over $130 million worth of bitcoin linked to the Silk Road case.

The bitcoins were connected to individuals involved in drug money laundering.

They've recovered over 2,933 bitcoin from the Farace family, valued around $117 million, and are selling an additional $3 million worth.

Those who believe they have a claim to the assets have a 60-day window to file a petition.

This sale is a significant step in how the government handles digital assets involved in criminal activities.

The announcement led to a 20% correction in Bitcoin's price.

There is speculation about how the sale could impact Bitcoin's price, which is currently trading at $39,800.