Tag Archives: Silk Road

CoinspeakerUS Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road The US government confiscated Bitcoin holdings associated with the Silk Road marketplace in two instances, first in Memphis, Tennessee, on February 10, 2021, and then in Arlington, Virginia, on May 11, 2021. US Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road

Ross Ulbricht’s case has garnered significant public attention, and numerous individuals have advocated for clemency for the website’s founder. Ross Ulbricht, the founder of the now-defunct online black market Silk Road, has reached the somber milestone of a decade behind bars. In 2013, US authorities sentenced him to a double life sentence. On October 2, Ulbricht shared on social media his concerns about potentially spending the rest of his life “behind concrete walls and locked doors”....

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Assets like bitcoin and Ethereum continue to show signs of recovering from the bearish market conditions traders and investors witnessed last year. The Many Bitcoin Developments Set to Occur Not long ago, the U.S. government seized more than $215 million in bitcoin taken from the Silk Road dark web market,...

It’s been so many years, and yet the shadows of the dark web platform Silk Road are still with us. Silk Road operated under the illicit hand of Ross Ulbricht and was known for being a market where individuals could pay for drugs, guns, and other illegal items with bitcoin and cryptocurrency. A Lot of Silk Road Money Has Suddenly Turned Up Now, it appears the U.S. Department of Justice (DOJ) has seized more than $3 billion in BTC from a man that “unlawfully obtained”...

The city of Miami, Florida recently played host to the biggest bitcoin conference the world has ever seen. The event took place between June 3 and June 5 and featured a wide array of speakers and crypto experts including Jack Dorsey of Twitter and Square fame, and, surprisingly, professional skateboard legend Tony Hawk. Tony Hawk Is Interested in Silk Road Hawk does not claim to know everything about crypto or bitcoin, though it was revealed at the event that he invested...

Not too long ago, Live Bitcoin News reported that quite a bit of digital money associated with a Silk Road crypto account was moved around. More information has come in about the situation and we now have details that the money was seized by members of the U.S. government. Specifically, the Department of Justice.More Details Regarding Silk Road Money MovingThe money was in the control of a hacker that the department is simply referring to as “Individual X.” While the agency is refusing to...

Nearly $1 billion in crypto funds that have ties to the Silk Road dark web are being transferred to other wallet addresses.The Shakers Behind Silk RoadAs we all remember, Silk Road was a dark online market allegedly founded by Ross Ulbricht, who is presently serving a life sentence for his role in the creation of the platform. The website was available to anyone looking to purchase drugs, guns or other contraband with bitcoin. The government shut the company down about seven years ago.But if...

Ross Ulbricht – the man who’s serving a life sentence for developing the notorious black marketplace Silk Road – is writing letters from prison and trying to guess where bitcoin’s price will head within the next year.Ulbricht Tries to Tell Us Where BTC Will GoAccording to Ulbricht’s latest letter, the world’s primary digital currency by market cap is set to reach $100,000 by the year 2020. Thus, he now joins figures such as Charles Hoskinson, Tim Draper and John McAfee to believe that the...