07 Oct '13, 10am

FBI struggles to seize 600,000 Bitcoins from alleged Silk Road founder via @guardian

The FBI has found that seizing an anonymous decentralised peer-to-peer currency was trickier than it seemed, following the Bureau’s bust of the international drugs marketplace, Silk Road . When Ross Ulbricht, known as Dread Pirate Roberts to users of the site, was arrested last week, the FBI seized 26,000 Bitcoins belonging to Silk Road customers. But it also attempted, unsuccessfully, to claim the nearly 600,000 - thought to be worth around $80m - which Ulbricht himself is thought to be holding. Bitcoin is a digital currency based on a methods of cryptography similar to those used to protect confidential emails. Due to its decentralised nature – the currency does not rely on any centralised agency to process payments, instead relying on work done by users’ computers – it is popular for a number of fringe-legal and illegal uses. One of those uses was Silk Road, where Bitco...

Full article: http://www.theguardian.com/technology/2013/oct/07/fbi-bit...

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FBI struggles to seize 600,000 Bitcoins from al...

theguardian.com 07 Oct '13, 10am

The FBI has found that seizing an anonymous decentralised peer-to-peer currency was trickier than it seemed, following the...

The FBI can't seize Ulbricht's Bitcoin fortune because it's encrypted.

The FBI can't seize Ulbricht's Bitcoin fortune ...

businessinsider.com 07 Oct '13, 11am

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Bitcoin Users Prank FBI With 'Protest Transactions' After 'Silk Road' Arrest

Bitcoin Users Prank FBI With 'Protest Transacti...

huffingtonpost.co.uk 07 Oct '13, 11am

The seizure of the illicit 'dark web' trading website The Silk Road and the arrest of its alleged operator last week was a...

FBI pranked by furious Bitcoin users via @guardian

theguardian.com 07 Oct '13, 12pm

The FBI has been deluged by more than 200 messages of protest from pro-drugs advocates after a raid on Silk Road, an onlin...

FBI pranked by furious Bitcoin users

theguardian.com 07 Oct '13, 12pm

The FBI has been deluged by more than 200 messages of protest from pro-drugs advocates after a raid on Silk Road, an onlin...

FBI claims largest Bitcoin seizure after arrest...

theguardian.com 02 Oct '13, 11pm

US authorities have arrested Ross William Ulbricht, 29, alleged to be the owner and operator of Silk Road, the best-known ...

Bitcoin users turn on FBI after Silk Road seizure

Bitcoin users turn on FBI after Silk Road seizure

venturebeat.com 07 Oct '13, 10pm

Nov. 12 - 13, 2013 San Francisco, CA Tickets On Sale Now Bitcoin users are pissed and retaliating after the FBI seized the...

How can the police seize Bitcoins?

theguardian.com 02 Oct '13, 10pm

When the FBI seized alleged Silk Road mastermind Ross Ulbricht's 26,000 Bitcoin fortune on Tuesday, it raised the simple q...

Silk Road alternatives emerge as public hammers...

coindesk.com 08 Oct '13, 9am

The bitcoin community has been having some fun with the FBI, after it discovered the bitcoin address that the agency has b...

DOJ Hasn't Actually Found Silk Road Founder's B...

yro.slashdot.org 06 Oct '13, 3am

Techdirt has an interesting followup on the arrest and indictment of Silk Road founder Ross Ulbricht, in connection to whi...

Bitcoin Seized From Silk Road Is In A Highly Prankable FBI Wallet

Bitcoin Seized From Silk Road Is In A Highly Pr...

gizmodo.com 06 Oct '13, 10pm

Ross Ulbricht's arrest last week included an FBI seizure of about 26,000 Bitcoins. But you can't just stick Bitcoins under...

DOJ Hasn't Actually Found Silk Road Founder's B...

techdirt.com 05 Oct '13, 2am

With the DOJ tracking down and arresting the alleged founder/owner of Silk Road, Ross Ulbricht, it was noted that it had a...

The FBI's Plan For The Millions Worth Of Bitcoi...

forbes.com 04 Oct '13, 7pm

The government just became a major holder of Bitcoin When the FBI arrested Silk Road boss Ross William Ulbricht and took h...

Silk Road

theguardian.com 02 Oct '13, 3pm

US authorities have arrested Ross William Ulbricht, 29, alleged to be the owner and operator of Silk Road, the best-known ...

After Silk Road seizure, FBI Bitcoin wallet identified and pranked

After Silk Road seizure, FBI Bitcoin wallet ide...

zdnet.com 06 Oct '13, 9am

When online black market Silk Road boss Ross Ulbricht was arrested last week the FBI seized around 26,000 in Bitcoin - now...