During his recent official visit to the People’s Republic of China, Colombian President Gustavo Petro affirmed that the South American nation would join the Belt and Road Initiative, known as the Silk Road, a decision that became a reality this Wednesday, May 14, with the signing of the agreement.

The Colombian president reaffirmed in Asia his desire to join this “global integration project led by the Asian giant that seeks to expand commercial and cultural connections between Asia, Europe, and Africa.”

The Colombian Presidential website includes Petro’s statements, which clearly state Colombia’s desire to play a leading role in the digital transformation of the planet.

Petro stated: “Both Latin America and Colombia are free, sovereign, and independent, and the relations we establish with any people in the world must be based on conditions of freedom and equality.”

M.Pino

Source: portafolio

(Reference image source: Ling Tang on Unsplash)

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La entrada Colombia signs agreement to join the Silk Road apareció primero en Bitfinance.

The U.S. government reported that it will auction more than $130 million in Bitcoin, which were seized during the investigations against the trading platform Silk Road.

The notice was made on the website of the U.S. Department of Justice, where authorities indicate that they will put on sale two lots of confiscated bitcoins on that occasion: The first of them has about 2,800 bitcoins valued at almost 129 million dollars, and the other smaller one has about 58 BTC worth about 3 million.

These BTC lots were owned by Ryan Farace, one of the people arrested and prosecuted in 2018 as part of the Silk Road investigation, who was charged with conspiring and laundering Bitcoin funds used for drug trafficking.

Investigations revealed that Farace and his father carried out activities to launder more than 2,874 BTC, which they tried to send to an unknown person for the purpose of exchanging them for fiat and transferring them to an offshore account.

This discovery contradicted his testimony, as he claimed that while working for Silk Road he never had contact with BTCs related to the platform’s operations on the Dark Web.

K. Tovar

Source: Diariobitcoin

(Reference image source: Kanchanara, Unsplash)

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La entrada US will auction confiscated bitcoin from Silk Road apareció primero en Bitfinance.