25 Oct '13, 7pm

FBI reportedly seizes $28.5 million in bitcoin from Silk Road mastermind

FBI reportedly seizes $28.5 million in bitcoin from Silk Road mastermind

The FBI has seized $28.5 million worth of bitcoins from the alleged mastermind behind the online drug market Silk Road, according to a report from Forbes . An unnamed FBI official reportedly tells Forbes that the agency seized a collection of 144,000 bitcoins that belonged to Ross Ulbricht, who earlier this month was arrested and charged with being the owner of Silk Road . This is reportedly the largest seizure of bitcoin — the semi-anonymous digital currency — ever made, and is said to have been completed earlier today. Another stash of Silk Road's bitcoin could remain Other stashes of bitcoin related to Silk Road may still remain, however. Forbes reports that a separate collection of 111,000 bitcoins — or about $22 million — has been identified as potentially belonging to Ulbricht, but that the FBI appears not to have taken it just yet. That may be because the FBI hasn't...

Full article: http://www.theverge.com/2013/10/25/5028816/fbi-reportedly...

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FBI seizes $28.5 million more of Dread Pirate Roberts’ #Bitcoin stash: #BTC

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After weeks of speculation about what will happen to the millions of dollars made at the Deep Web black market Silk Road ,...

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gizmodo.com 25 Oct '13, 8pm

As of Friday afternoon, the FBI had managed to seize 144,000 bitcoins from Silk Road's founder. Worth some $28.5 million i...

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forbes.com 25 Oct '13, 5pm

An FBI official tells me that the bureau has located and seized a collection of 144,000 bitcoins, the largest seizure of t...

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FBI grabs $28 million of Dread Pirate Roberts’ ...

gigaom.com 25 Oct '13, 7pm

Yarrr, that must hurt. Forbes reports that the FBI has located a new stash of 144,000 Bitcoins, currently worth about $28....

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abc.net.au 26 Oct '13, 9am

US seizes 'largest ever' Bitcoin haul from man linked to Silk Road website Updated October 26, 2013 20:30:09 Related Story...

FBI makes record $28 million Bitcoin bust

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rt.com 26 Oct '13, 9am

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forbes.com 17 Oct '13, 8pm

When the FBI took down online drug bazaar Silk Road and seized its assets , the government became the proud new owner of o...