We Are Up!
Happy to be back
While bitcointalk was down, someone mentioned in an IRC channel that the only BTC the feds seized were from buyer and seller accounts. Apparently ulbrichts BTC was never seized and still lies in a wallet somewhere (which makes sense, because I always wondered how the FBI could ever get their hands on that). I couldn't find this is any recent news articles, however, and contradicts what I've read before. Can anybody confirm this?
Yes, I have read various reports that they do not have the bulk of the coins that DPR had hidden.. For all we know it could be on a thumb drive hidden in a backyard. or a paper wallet in a place no one would find...
I think the only way the Govt is going to get its hands on his coins is to let him use some of those coins for his defense.. if not, those 5 percent of all coins will be forever lost. it will be interesting to see how they get those coins, its not like they are going to drop charges in exchange, they are going to go for life in prison... It will be interesting to see if he left clues to where the coins actually are, but i think it will be very very difficult to find them..
But to see the way he was living, I would bet that 99 percent of his bitcoins are hidden. its obvious that he didn't spend them (except for hitmen)
If he was smart, he should have retired to a country that doesnt have an agreement with the usa.. or handed off the controls of the site to someone else and lived the life of luxury.. Now, he will be in a one of the federal maximum security prisons where he will only see 1 hour of daylight a week
and a lot of cock