Discussion

• @a_greenberg Andy Greenberg on x

  That billion dollar trove of bitcoins that mysteriously moved on election day? That was the IRS seizing coins that were stolen from the Silk Road by a hacker, probably in May of 2012, which had sat almost entirely untouched for more than seven years. https://www.wired.com/...

• @lorenzofb Lorenzo Franceschi-Bicchierai on x

  NEW: We finally know who moved all those bitcoins. The US government just announced that it has seized almost $1 billion in Bitcoin from a hacker only known as “Individual X.” Bitcoins were allegedly stolen from Silk Road in 2012 or 2013. https://www.vice.com/...

• @zackwhittaker Zack Whittaker on x

  New: Two days ago, over $1 billion in bitcoin generated from the seized drugs marketplace Silk Road changed hands. Now we know why. https://techcrunch.com/...

• @paulvigna Paul Vigna on x

  On Tuesday night while the nation watched election returns, bitcoiners were trying to figure out who had just moved $1 billion in bitcoin. Now we know. https://www.wsj.com/... via @WSJ

• @dez_blanchfield @dez_blanchfield on x

  American's “Feds” Seized Nearly $1 Billion in Bitcoin from Wallet Linked to Silk Road - Speculation kicked off after someone moved the huge sum on Tuesday, and now we know who it was: the American government!! https://www.vice.com/...

• @oracleofcrypto Crypto Oracle on x

  Possible Silk Road wallet transfers nearly $1 billion worth of Bitcoin (69,369 BTC) to a new wallet with only 12 transactions. All for a transaction fee of $12.41. The original wallet was funded by the 69k+ BTC on April 9 2013. The first Silk Road arrests began in Feb 2013. https…

• @wired @wired on x

  The IRS has finally tracked down the hacker who stole more than $1 billion in bitcoin from the dark web drug bazaar Silk Road. Identified as “Individual X,” they had been sitting on the cryptocurrency goldmine for more than seven years https://www.wired.com/...

• @6102bitcoin @6102bitcoin on x

  Encrypted wallet purporting to control this address was circulating for years. My guess, someone did it to create plausible deniability so that they can now hide out in a country without extradition without fear of ultimate prosecution. https://www.bloomberg.com/...

• @thecryptolark Lark Davis on x

  WOW! Turns out that 69,000 #bitcoin moved earlier this week was from Silk Road and has now been seized by US authorities! https://www.coindesk.com/...

• @mmasnick Mike Masnick on x

  Ah... the Silk Road $1 billion that was moved on election day... was moved by the DOJ. https://twitter.com/...

• @darkdotfail Dark.Fail on x

  Law enforcement found another billion dollars worth of Silk Road's Bitcoin, seized it. Expect the auction to impact $BTC's price. https://twitter.com/...

• @laurawalkerkc Laura Walker on x

  Two days ago, about $1 billion Bitcoin that had sat dormant since the seizure of the Silk Road marketplace in 2013, a very big underground drug website on the dark web, suddenly changed hands. Who took it? Mystery over. It was the U.S. government. https://techcrunch.com/...

• @tomrobin Tom Robinson on x

  $1 billion in #bitcoin originating from the Silk Road dark market, and perhaps belonging to its founder Ross Ulbricht, are on the move today for the first time since 2015. Who controls these funds now? https://www.elliptic.co/...

• @lawmaster Larry Cermak on x

  “The authorities seized the funds from an unknown hacker who had gained access to them, according to the statement.” Can you imagine hacking a billion-dollar wallet, probably spending a fortune on it, and then having it seized immediately? Jeeeeeeeeeeeez https://www.bloomberg.com…