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Feds seize Silk Roads $28 million Bitcoin wallet

29,655 Bitcoins seized from Silk Road, a dark web marketplace that facilitated the trade of drugs and other illegal activity. The US Attorneys office for the Southern District of New York announced the forfeiture of the Bitcoins on Thursday. Authorities seized 144,336 Bitcoins from the personal computer of Ross Ulbricht, the alleged mastermind of Silk Road. The government can only auction off the Bitcoins because they were being used to facilitate money laundering, so Ulbrachicht may be able to keep his Bitcoins if his civil case is successful in proving that those on his computer were not associated with the website.”]

Source: https://nakedsecurity.sophos.com/2014/01/20/feds-seize-silk-roads-28-million-bitcoin-wallet/

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