Post
Topic
Board Bitcoin Discussion
Re: SilkRoad domain Seized?
by
niko
on 07/10/2013, 17:07:28 UTC
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?

According to Forbes, the FBI confirmed they hold encrypted wallets in addition to what was already seized.

http://www.forbes.com/sites/kashmirhill/2013/10/04/fbi-silk-road-bitcoin-seizure/


Quote
The spokesperson says the approximately 26,000 Bitcoins seized are just the ones that were held in Silk Road accounts. In other words, it’s Silk Road users’ Bitcoin. The FBI has not been able to get to Ulbricht’s personal Bitcoin yet. “That’s like another $80 million worth,” she said, explaining that it was held separately and is encrypted.