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To: RandFan

I think the Treasury Department is still sitting on a pile of bitcoins they seized from his computer when they arrested him. If he gets pardoned does he get his bitcoins back?


16 posted on 12/18/2020 12:16:40 PM PST by SeeSharp
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To: SeeSharp

No he won’t get any of the Bitcoin, feds will keep it!


18 posted on 12/18/2020 12:20:48 PM PST by RandFan ( )
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To: SeeSharp

Here’s an article that sort of explains it, an estimated 614,000 were estimated to be in digital wallet of Ross Ulbricht when he was arrested, the Government seized about 174,000 of them and recently sold them for around 48 million dollars, the remaining 440,000 bitcoins valued at nearly 6 billion dollars were recently moved into an unknown digital wallet.

The speculation is that someone somehow obtained the digital password either thru hacking it or somehow finding out from someone and basically stole them...

6 billion at today’s prices is not a bad day’s work. ...

https://www.nasdaq.com/articles/nearly-%241b-in-bitcoin-moves-from-wallet-linked-to-silk-road-2020-11-04


20 posted on 12/18/2020 12:27:51 PM PST by srmanuel (It)
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