Colour me surprised.
I'd REALLY like to know the exact details of how they got them.
Cracked his password?
Rubber hose?
Other?
It seemed to me, with probably going to jail for life, there would be little incentive to willingly give them up.
Topic: Sudden new largest bitcoin address as of 10/25 - page 4. (Read 12543 times)
I actually did some research with another guy about who might be the top 10 richest bitcoin users.
What we found out was 4-5 different accounts being used by the same person, who owned around 40k bitcoins on each account. He didn't seem like the richest one, but he surely was.
And 2-3 accounts who held up 30K which was being used by another user.
Theres some really wealthy people out there...
What we found out was 4-5 different accounts being used by the same person, who owned around 40k bitcoins on each account. He didn't seem like the richest one, but he surely was.
And 2-3 accounts who held up 30K which was being used by another user.
Theres some really wealthy people out there...
Good. 170k BTC out of the market.
Up, up, up!
Up, up, up!
Right, they're just going to throw the key away..
They're not selling them on MtGox, Bitstamp, or BTC-e, either...
Good. 170k BTC out of the market.
Up, up, up!
http://www.forbes.com/sites/kashmirhill/2013/10/04/fbi-silk-road-bitcoin-seizure/Up, up, up!
“We will probably just liquidate them.”
Good. 170k BTC back on the market after a while.
http://www.forbes.com/sites/andygreenberg/2013/10/25/fbi-says-its-seized-20-million-in-bitcoins-from-ross-ulbricht-alleged-owner-of-silk-road/
Looks like it's the FBI's address
Looks like it's the FBI's address
That article implies that the FBI might not have the private key to that address. It's very confusing. What did they seize exactly?
edit: They must have the key since the funds were moved today. IMO, this is bearish because newcomers to BTC will think that it can easily be confiscated. I'm surprised the private key(s) wasn't hidden better.
Good. 170k BTC out of the market.
Up, up, up!
Up, up, up!
Right, they're just going to throw the key away..
I'm surprised another panic shit-storm hasn't struck (down to ~$160/165)
Good. 170k BTC out of the market.
Up, up, up!
Up, up, up!
Just for clarity, they are NOT the FBI's bitcoins now. Like all seized assets, IF the accused is convicted (that takes some time although less time if he has no money and is going to use a PD) then the FBI will liquidate these seized assets. Cash, they keep. Everything else gets auctioned off. It is likely these BTC wallet(s) will be auctioned IF a conviction is achieved.
That's not necessarily true. It may be true in most criminal forfeitures, but not civil forfeitures. The government in this case, AFAIK, can file a civil forfeiture case in parallel to the criminal case, suing the property, and if Ulbricht can't prove they aren't proceeds of illegal activity, they are the government's. No need for conviction in that case. No idea what they are doing, though.
Can anyone confirm any of the addresses? It looks like there's a note on some of the transactions.
http://www.forbes.com/sites/andygreenberg/2013/10/25/fbi-says-its-seized-20-million-in-bitcoins-from-ross-ulbricht-alleged-owner-of-silk-road/
Looks like it's the FBI's address
Now we know what's up. 144k BTC for the FBI. Looks like it's the FBI's address
All your BTC are belong to US.
Just for clarity, they are NOT the FBI's bitcoins now. Like all seized assets, IF the accused is convicted (that takes some time although less time if he has no money and is going to use a PD) then the FBI will liquidate these seized assets. Cash, they keep. Everything else gets auctioned off. It is likely these BTC wallet(s) will be auctioned IF a conviction is achieved.
GHash.IO collecting payouts?
Coincidence of the timing of this news release?
we always thought that would be very expensive for the authorities buy large quantities of btc and then destabilize the price, but steal it is free ....
http://www.forbes.com/sites/andygreenberg/2013/10/25/fbi-says-its-seized-20-million-in-bitcoins-from-ross-ulbricht-alleged-owner-of-silk-road/
Looks like it's the FBI's address
Looks like it's the FBI's address
Holy shit!
I hope we see them get sent to gox, bitstamp, and china lmfao
I thought that story was some pretty awesome conspiracy theory porn, but I don't know how believable it is.
This is part of Bitcoins' Magic. The crowd can look into the wallet of the rich and spekulate about it ...
To make this thing more scary, there is a coincidence with a new conspiracy theory about the silk road bust, which I thin is untrue, but gains value as a storyboard. Maybe you know, http://www.reddit.com/r/SilkroadUNcensored/comments/1p0ogt/time_to_let_the_cat_out_of_the_hat/
Its written in weird language, so I give you the details: He claims, SR was not seized, but all was a scam. In the days before the socalled seizure, there would have happened a lot of complain by users, they couldn't logg in, couldn't free their coins, etc. Theory is, the admins just run away with the money.
I don't believe this theory, but I like it, cause the storyline is 2 big 2 fail 2 make me brainrisseling ... this adress would be the top of the story
To make this thing more scary, there is a coincidence with a new conspiracy theory about the silk road bust, which I thin is untrue, but gains value as a storyboard. Maybe you know, http://www.reddit.com/r/SilkroadUNcensored/comments/1p0ogt/time_to_let_the_cat_out_of_the_hat/
Its written in weird language, so I give you the details: He claims, SR was not seized, but all was a scam. In the days before the socalled seizure, there would have happened a lot of complain by users, they couldn't logg in, couldn't free their coins, etc. Theory is, the admins just run away with the money.
I don't believe this theory, but I like it, cause the storyline is 2 big 2 fail 2 make me brainrisseling ... this adress would be the top of the story
Be nice if someone could run an analysis of the blockchain, and see if it links back to the Altoid posted address.
Probably related to a gambling site
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