Saturday, January 18, 2014

U.S. government hauls in $27 million bitcoin bonanza

U.S. government hauls in $27 million bitcoin bonanza

1 comment:

  1. An additional 144,336 bitcoins, worth more than $128 million today, were also discovered, but the government's claim on them is being disputed.


    NEW YORK - U.S. prosecutors in Manhattan are sitting on a multimillion-dollar bitcoin gold mine. And it could get much bigger.

    Federal authorities hauled in 29,655 units of the digital currency - worth $27 million at current exchange rates - through an official forfeiture by Bitcoin this week.

    The bitcoins had belonged to Silk Road, an anonymous online black market that authorities say was a conduit for purchases of drugs and computer hacking services - even a place where assassins may have advertised. It was shuttered after an FBI raid in September, when agents took control of its server and arrested the man they say was its founder in San Francisco.

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