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A U.S. court has approved the forfeiture of 69,000 BTC linked to the Silk Road case, rejecting an appeal by the SEC and denying a BTC ETF. The court has finalized the mandate for the forfeiture of Bitcoin from the illegal marketplace. Ross Ulbricht, convicted of creating and operating Silk Road, prepares to appeal his verdict, but the ruling on Bitcoin forfeiture stands, marking a significant development in crypto-related legal cases.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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