Justice Department Seizes $1 Billion of Bitcoin Tied to Silk Road Website

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dualstow
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Justice Department Seizes $1 Billion of Bitcoin Tied to Silk Road Website

Post by dualstow » Fri Nov 06, 2020 6:30 am

Justice Department Seizes $1 Billion of Bitcoin Tied to Silk Road Website /WSJ
https://www.wsj.com/articles/justice-de ... 1604612072
The 69,000 seized bitcoins once belonged to Silk Road founder Ross Ulbricht, the Justice Department said in a statement Thursday. Mr. Ulbricht was convicted in 2015 of distributing narcotics and money laundering and sentenced to life in prison.
The Justice Department said the bitcoins had been stolen from Mr. Ulbricht in 2012 and 2013 by a hacker who liquidated some of the coins but left most sitting untouched for years in a digital account called a wallet.

Bitcoin, which just celebrated its 12th anniversary...
Sam Bankman-Fried sentenced to 25 years
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Kriegsspiel
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Re: Justice Department Seizes $1 Billion of Bitcoin Tied to Silk Road Website

Post by Kriegsspiel » Fri Nov 06, 2020 6:55 am

Even hackers hodl.
You there, Ephialtes. May you live forever.
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