07 Oct '13, 10pm

Bitcoin users turn on FBI after Silk Road seizure

Bitcoin users turn on FBI after Silk Road seizure

Nov. 12 - 13, 2013 San Francisco, CA Tickets On Sale Now Bitcoin users are pissed and retaliating after the FBI seized their digital currency as part of its case against underground marketplace Silk Road. Last week, the FBI took down the Silk Road website and froze the over 26,000 Bitcoins that were being held for customers as they made their transactions, as noted by the Guardian . The FBI put these Bitcoins into a separate holding address blockchain.info. Angered by this action, supporters discovered the FBI’s wallet details — the information necessary for performing transactions and sending public messages. From there, people began posting their protests and making very small transactions with the seized Bitcoins. Some exclaimed that the government wouldn’t be able to do this if the currency were recognized, others talked about the Bitcoins’ true ownership: the people. ...

Full article: http://venturebeat.com/2013/10/07/bitcoin-fbi-silk-road/

Tweets

What Does the Silk Road Seizure Mean for Bitcoin?

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FBI pranked by furious Bitcoin users via @guardian

theguardian.com 07 Oct '13, 12pm

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