U.S. Feds Seized Nearly $1 Billion in Bitcoin from Wallet Linked to Silk Road

Some of you may have heard about the mysterious Silk Road bitcoin transfer of about $1 Billion the other day. Not sure if there was a thread here on it or not.

Well it seems the mystery has been solved and it was the US Federal government that made the transfer. Right around election day.

www.vice.com...

On Tuesday, someone emptied out one of the most mysterious and most valuable Bitcoin wallets in existence, which contained almost $1 billion dollars linked to the notorious Silk Road dark web market. 

We now know who did it: the U.S. government. 

On Thursday, the Department of Justice announced that it had seized the wallet. 

Silk Road was the most notorious online criminal marketplace of its day,” U.S. Attorney David Anderson said in a press release. “The successful prosecution of Silk Road’s founder in 2015 left open a billion-dollar question. Where did the money go? Today’s forfeiture complaint answers this open question at least in part. $1 billion of these criminal proceeds are now in the United States’ possession.”

In the civil forfeiture complaint, Anderson explained that the government took control of the wallet on Monday, after an unnamed hacker agreed to forfeit the cryptocurrency. The hacker, who is only identified as "Individual X," allegedly broke into Silk Road's website and stole the bitcoin in 2012 or 2013. The hacker then transferred to the infamous wallet with the address

It's unclear who Individual X actually is, and the complaint does not explain how the feds found them.

With all the strangeness with the election, the timing of this just seems way too coincidental.

a reply to: dug88

On Thursday, the Department of Justice announced that it had seized the wallet.

I feel better knowing the DOJ is on top of this. I can feel the boom.

So the 2020 election cost 1B to purchase?

They probably thought they could do it with no one noticing, because all eyes would be on the polls lol. They just got a 1b boost in black funds apparently.

Building a better elite spaceship every day.

I kid, I guess....

I often wonder how much the Feds take in prosecutorial bounty every year. I also wonder where that money goes. Anyone?

Bet the hacker now works for the USA.


And has a very nice income.

Not a bad war chest.

It's Biden and friends. Another tick in the ticking time bomb.

originally posted by: dug88
Some of you may have heard about the mysterious Silk Road bitcoin transfer of about $1 Billion the other day. Not sure if there was a thread here on it or not.

Well it seems the mystery has been solved and it was the US Federal government that made the transfer. Right around election day.

www.vice.com...

On Tuesday, someone emptied out one of the most mysterious and most valuable Bitcoin wallets in existence, which contained almost $1 billion dollars linked to the notorious Silk Road dark web market. 

We now know who did it: the U.S. government. 

On Thursday, the Department of Justice announced that it had seized the wallet. 

Silk Road was the most notorious online criminal marketplace of its day,” U.S. Attorney David Anderson said in a press release. “The successful prosecution of Silk Road’s founder in 2015 left open a billion-dollar question. Where did the money go? Today’s forfeiture complaint answers this open question at least in part. $1 billion of these criminal proceeds are now in the United States’ possession.”

In the civil forfeiture complaint, Anderson explained that the government took control of the wallet on Monday, after an unnamed hacker agreed to forfeit the cryptocurrency. The hacker, who is only identified as "Individual X," allegedly broke into Silk Road's website and stole the bitcoin in 2012 or 2013. The hacker then transferred to the infamous wallet with the address

It's unclear who Individual X actually is, and the complaint does not explain how the feds found them.

With all the strangeness with the election, the timing of this just seems way too coincidental.

Yep, and they most likely started bitcoin too.

a reply to: dug88

That was Trump, paying off Vegas and securing his freedom.
Whatever it takes!

originally posted by: EmmanuelGoldstein
a reply to: dug88

That was Trump, paying off Vegas and securing his freedom.
Whatever it takes!

Yes, because he's a criminal and should have to run for his life.

$1 billion to buy an presidency, imagine it’s value in 4 years time, probably couldn’t give it away.