26 Oct '13, 9am

FBI makes record $28 million Bitcoin bust

FBI makes record $28 million Bitcoin bust

FBI makes record $28 million Bitcoin bust Published time: October 26, 2013 08:57 Get short URL Reuters/Jim Urquhart Tags Crime , Currencies , Drugs , FBI , Hacking , Internet , USA US authorities have reported their largest-ever Bitcoin bust amounting to $28 million of the digital currency. It was seized from the owner of the controversial Silk Road website, which was shut down three weeks ago. A Friday statement by federal prosecutors in New York details the seizure of 144,336 bitcoins, which were discovered on the computer belonging to Silk Road founder Ross William Ulbricht, alias “Dread Pirate Roberts,” Reuters reports. Ulbricht was arrested Oct. 1 in San Francisco on several charges of conspiracy. Ulbricht’s lawyer could not be reached for comment, but the accused earlier denied all the allegations. Since its inception in 2011, the now closed website was an anonymous ...

Full article: http://rt.com/usa/bitcoin-fbi-seize-money-770/

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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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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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