Posted on Nov 5, 2020
Record $1 billion worth of bitcoin linked to the Silk Road seized by U.S. government
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"The U.S. government seized an unprecedented $1 billion worth of bitcoin linked to criminal marketplace, the Silk Road.
Thousands of bitcoins were taken by law enforcement this week, in what the Justice Department said was the largest seizure of cryptocurrency in the history of the agency."
Thousands of bitcoins were taken by law enforcement this week, in what the Justice Department said was the largest seizure of cryptocurrency in the history of the agency."
Record $1 billion worth of bitcoin linked to the Silk Road seized by U.S. government
Posted from cnbc.com
DOJ
Bitcoin
Crime
Posted >1 y ago
Responses: 3
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Interesting article. Thanks. I’ve never been able to wrap my head around bitcoin, and how it can take off like this. I always thought any commerce required payment in legal tender, aka US Dollars. One of these years I will figure it out. :)
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Cpl Benjamin Long
Currency is just a token for trade.. legality means nothing when the government has no access to regulate... or authority to dictate.
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