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Topic: Bitcoin in the Headlines: Silk Road Strikes Comedic Gold (Read 1603 times)

hero member
Activity: 924
Merit: 1000
Ive said this elsewhere, i sure Carl took a shit load more coins or fiat than the government knows about. That may be his only bargaining chip to get a lesser sentence. to tell them where ALL the coins and money are. He sure as hell took/stole more than 775k.. that secret service agent stole 800k, no way in hell he took less than carl.. Carl was in the inside with multiple aliases. It wouldnt surprise me if he wasn't red and white, the guys that scammed DPR for almost a million dollars for fake hits (which carl had already done) and money to get their busniess started (which they never did, sounds like something that a dirty DEA agent would do). why would legit hells angels need funding when they claim to be big ass drug dealers? dpr totally got scammed, and I think Carl is the number one suspect...
sr. member
Activity: 392
Merit: 250
He doesn't even know how to be corrupt, he should've mixed the coins and just hold them for a few years...

I am sure he did, thats one thing almost everyone with a brain would do. Maybe the 150K that was confiscated was the liquidity amount that he had on him, maybe that was the amount that was involved in the daily transaction. Its drug money and we actually have no idea how much was involved in the daily sales happening there.
Q7
sr. member
Activity: 448
Merit: 250
So who is the good guy in this story? Learning something out of this I would say whenever there is a fortune to be made, even the most noble person can turn into evil. That is why it's difficult these days to find someone who you can trust and rely on.
legendary
Activity: 3766
Merit: 1217
Carl Force sent 250k or so to BTC-e not too long before his arrest. BTC-e wont work with the us investigators, so a couple things will happen. 1. someone inside btc-e will know the account and take the coins for himself or 2. it will be there for Carls wife or whomever to pull out or 3. hope that BTC-e will still be here in 30 or so years so he can withdraw it if its still there and bitcoin is going strong.

The owners of BTC-e are Russian and they are not going to co-operate with the US authorities. And I don't think that #1 will happen, as Carl Force might not have used his real name and details for the creation of the account. #2 or #3 is quite possible.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
Bad Lieutenants - Port of Silicon Valley

I think we all knew all along that the DEA and its agents have been helping themselves to copious amounts of money and drugs since day one. Nixon invented the DEA specifically to target and oppress blacks, its on tape! Even the origins of the administration is crooked. Fast foreward to Ollie North and the whole contra scheme. Those suckers are so bent they need two guys to help them screw their pants on in the morning (paraphrase; H.S. Thompson)

You can imagine how much loot went into the pockets of DEA agents over the years before BTC, now the blockchain makes it irrefutable and there for all to see!

sad thing is, these officers will merely get a slap on the wrist, and Ross will still languish in jail.

Truth, Justice, and The American Way... One out of 3 equals FAIL!
legendary
Activity: 1442
Merit: 1186
Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"



A lot of one word movie titles seem trendy:

FORCE (or maybe even F()RCE)
Silk
!justice

hero member
Activity: 924
Merit: 1000
There are going to be a shit ton of books about this. I know of at least 3 that are in the works that are being worked on. There are probably a lot more. It will cost a few hundred thousand at a minimum to get something that looks half decent,, but hey, Im all for it. I know the movie Fox is doing is going to be very high budget, but it certainly wont be a comedy. with the new revelations with the crooked agents, that could be its own movie, im sure they will make a movie just from those two...

whats ironic is that Carl force was going to write a book about the SR case, now he can write a book about himself (he said this on his linkedin page before it was taken down...
hero member
Activity: 924
Merit: 1000
It is really stupid trying to sell Silk Road coins at Bitstamp, should have used LocalBitcoins or BTC-e, the guy should have known better, that was is job!

BTC-e is the best. They require no ID proofs and you can trade as much as you want. I won't trust LBC, as it is based in the US, and requires some sort of verification. But Bitstamp is a strict no-no.

Carl Force sent 250k or so to BTC-e not too long before his arrest. BTC-e wont work with the us investigators, so a couple things will happen. 1. someone inside btc-e will know the account and take the coins for himself or 2. it will be there for Carls wife or whomever to pull out or 3. hope that BTC-e will still be here in 30 or so years so he can withdraw it if its still there and bitcoin is going strong.

Also i think that there are a lot more coins and fiat that the goverment hasnt found.. I bet he has hundreds of thousands to millions stashed somewhere.. WHats really weird is why didn't he run a year ago? he resigned in may of 2014 when he knew he was under investigation. The only thing  I can think of is that he had no idea that the govt. knew so much. He probably thought it was just about the stolen money from SR which he could blame the other guy for doing, even though im sure he is just as guilty for the SR theft as the other guy. oh, and he lied about using a non approved alias, he was supposed to only use NOB, i believe he used a couple others that his superiors didnt know of..
hero member
Activity: 899
Merit: 1002
His escape plan was pretty weak too http://fusion.net/story/114127/silk-road-dea-agent-escape-plan/ considering the land border between Algeria and Morocco is closed and you stand a high chance of being arrested going near it.  

Seems from that article he also used BTC-E
Quote
Apparently, the government hasn’t been able to track down all of Force’s money. According to the motion, Force, who made a $150,000 annual salary with the DEA, wired “approximately $235,000 to an account in Panama, which was subsequently transferred to a digital currency exchange company believed to be operating out of Eastern Europe and/or the former Soviet Union.” The government doesn’t name the exchange but says it’s known to be “noncompliant with U.S. laws and unresponsive to legal process from the U.S. authorities.”
legendary
Activity: 3766
Merit: 1217
It is really stupid trying to sell Silk Road coins at Bitstamp, should have used LocalBitcoins or BTC-e, the guy should have known better, that was is job!

BTC-e is the best. They require no ID proofs and you can trade as much as you want. I won't trust LBC, as it is based in the US, and requires some sort of verification. But Bitstamp is a strict no-no.
sr. member
Activity: 406
Merit: 250
They should have invested it into BTC Trader or PB Mining. If feds lost money you can bet there would be an investigation.
newbie
Activity: 32
Merit: 0
Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"


Hah, I was just thinking that they should make this whole ordeal into a movie, it would be pretty awesome.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
If anything, this entire situation should prove how NOT anonymous Bitcoin really is
legendary
Activity: 1204
Merit: 1028
Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"


Citizen Karpeles
Sato and the 120 Bitcoins
Bit Fiction

Any of them directed by Quentin Tarantino would make for a great movie.
sr. member
Activity: 448
Merit: 250
Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"



The Market

Crazy Fair

Block/Chain
sr. member
Activity: 378
Merit: 250
Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"

sr. member
Activity: 350
Merit: 250
'Slow and steady wins the race'
He doesn't even know how to be corrupt, he should've mixed the coins and just hold them for a few years...

Mix a nice amount and then he should have invested in some of the altcoins and gambling sites which would have give him a fairly legitimate income, so many choices and opportunities not to get busted.

I guess when you have to think on the spot it clouds your judgement which is a shame because now he gets to share a prison with the same guys he spent his life putting in there. A very sad day to be a fed agent in jail how long will he last hmmm 
full member
Activity: 479
Merit: 100
Enter the future of gaming
He doesn't even know how to be corrupt, he should've mixed the coins and just hold them for a few years...
newbie
Activity: 32
Merit: 0
It's funny how something like the Silk Road brought to light government corruption. Now imagine how much corruption goes on behind the scenes through cash and banks.

No need to imagine it should be quite clear how corrupt banks and there puppets the government are if it is not then you need to look a little close my friend. It is cool how them agents thought they could steal and not be caught then the power of the mighty bitcoin popped up and slapped the thieves back in to their place. What a waste of good careers over a little bitcoin  Undecided  
Hah, it was a bit more than a little wasn't it? But ya, the amount of government corruption is disgusting.

Because you don't understand that was just a saying 'over a little bitcoin' anything under millions is little to give your awesome careers away and your life, your families future with you all for under a million that is little and not worth even thinking about. Now they get the pleasure of being a fed in prison for a little bitcoin  Wink
True, guess I didnt think of it like that  Tongue
sr. member
Activity: 252
Merit: 250
www.CloudThink.IO
It's funny how something like the Silk Road brought to light government corruption. Now imagine how much corruption goes on behind the scenes through cash and banks.

No need to imagine it should be quite clear how corrupt banks and there puppets the government are if it is not then you need to look a little close my friend. It is cool how them agents thought they could steal and not be caught then the power of the mighty bitcoin popped up and slapped the thieves back in to their place. What a waste of good careers over a little bitcoin  Undecided 
Hah, it was a bit more than a little wasn't it? But ya, the amount of government corruption is disgusting.

Because you don't understand that was just a saying 'over a little bitcoin' anything under millions is little to give your awesome careers away and your life, your families future with you all for under a million that is little and not worth even thinking about. Now they get the pleasure of being a fed in prison for a little bitcoin  Wink
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