27 Oct '13, 11am

#FBI Seized 144,000 #Bitcoin worth $28.5 Million From #SilkRoad Bust #Security

#FBI Seized 144,000 #Bitcoin worth $28.5 Million From #SilkRoad Bust #Security

The world’s favorite crypto-currency has made rounds in the headlines this week. The FBI had managed to seize 144,000 Bitcoins worth some $28.5 million at current exchange rates from Silk Road's founder, that's the largest ever seizure of the cryptocurrency . Bitcoin is an open-source, decentralised, digital currency, whose production is designed to simulate the mining of a commodity, like gold. These Bitcoins belonged to Ross Ulbricht , the 29-year-old who allegedly created and managed the Silk Road , the popular anonymous drug-selling site. In March, 7000 of 10,000 items on Silk Road were drugs. Earlier this month Ulbricht was arrested and the website was taken offline by the Department of Justice and charged with engaging in a drug trafficking and money laundering conspiracy as well as computer hacking and attempted murder-for-hire. The Bitcoin address now known as DPR ...

Full article: http://thehackernews.com/2013/10/fbi-seized-144000-bitcoi...

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FBI makes record $28 million Bitcoin bust

FBI makes record $28 million Bitcoin bust

rt.com 26 Oct '13, 9am

FBI makes record $28 million Bitcoin bust Published time: October 26, 2013 08:57 Get short URL Reuters/Jim Urquhart Tags C...

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

FBI reportedly seizes $28.5 million in bitcoin ...

theverge.com 25 Oct '13, 7pm

The FBI has seized $28.5 million worth of bitcoins from the alleged mastermind behind the online drug market Silk Road, ac...

The FBI Just Scooped up $28.5 Million in Bitcoi...

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...

FBI Says It's Seized $28.5 Million In Bitcoins From Ross Ulbricht, Alleged ... - Forbes #bitcoin

FBI Says It's Seized $28.5 Million In Bitcoins ...

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...

The FBI's Bitcoin address

aljazeera.com 28 Oct '13, 9am

Earlier this month, the FBI announced the capture in San Francisco, of a young individual by the name of Ross Ulbricht. Al...

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

FBI seizes $28.5 million more of Dread Pirate R...

dailydot.com 25 Oct '13, 9pm

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

Bitcoin down 10% as FBI announces seizure of another $28.5M from Silk Road's founder

Bitcoin down 10% as FBI announces seizure of an...

pandodaily.com 25 Oct '13, 10pm

Share on Facebook Share on Twitter Share on LinkedIn Share on Google+ Bitcoin down 10% as FBI announces seizure of another...

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....

Someone Bought $27 Worth Of Bitcoin, Forgot About It, Remembered, And Now It's Worth $886,000

Someone Bought $27 Worth Of Bitcoin, Forgot Abo...

businessinsider.com 29 Oct '13, 4pm

pinguino via flickr Business blog: Energy bosses defend price hikes - live Rebekah Brooks phone hacking case puts British ...

The FBI seizes $28m in Bitcoin. But may not be ...

channel4.com 26 Oct '13, 3pm

The US government has seized a haul of bitcoins worth $28 million USD from the computer of the man linked to the biggest d...

Man Forgets About Buying $27 of Bitcoin, Is Now...

gizmodo.com 29 Oct '13, 6pm

Four years ago, Oslo-man Christopher Koch's girlfriend scoffed at his purchase of $27-worth of Bitcoin. Chances are she wa...

Gizmodo Man Forgets About Buying $27 of Bitcoin...

j-smith.kinja.com 29 Oct '13, 10pm

Man Forgets About Buying $27 of Bitcoin, Is Now Worth About $1 Million | Jalopnik Bentley's Arctic Driving School Is The U...

Another FBI seizer keeps bitcoin on a roller co...

inman.com 25 Oct '13, 11pm

Bitcoin may be the next big thing after social media , but the digital currency isn’t the most stable place to park your m...

Feds announce largest-ever Bitcoin seizure #business

Feds announce largest-ever Bitcoin seizure #bus...

money.cnn.com 26 Oct '13, 1am

There are currently about 11.9 million bitcoins in circulation, according to the website Blockchain. NEW YORK (CNNMoney) F...

Man buys $27 of bitcoin, forgets about them, fi...

theguardian.com 29 Oct '13, 2pm

The meteoric rise in bitcoin has meant that within the space of four years, one Norwegian man’s $27 investment turned into...