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The Feds Seized $1 Billion in Stolen Silk Road Bitcoins
A hacker identified only as Individual X had been sitting on a cryptocurrency gold mine for seven years prior to the IRS came knocking.More than seven years have passed since Ross Ulbricht was arrested in the science fiction area of a San Francisco library and faced with running the sprawling, dark web drug bazaar known as the Silk Road. But when the Feds laid practical Ulbricht’s laptop that day, they found keys to unlock only a fraction of the bitcoins that he had amassed within the Silk Road’s years of bustling black darkode market drug trade. Today the Justice Department finally revealed the place where a billion-dollar tranche of the Silk Road’s treasure finished up: stolen by a mystical hacker, and now seized by the US Treasury.
