Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent

$3 Billion Worth in Bitcoin Seizure in Silk Road Case Likely Linked to Disgraced US Secret Service AgentOver $3 billion worth in bitcoin seized by the U.S. Department of Justice (DOJ), belonging to Silk Road, are likely linked to a former U.S. Secret Service agent. The latest findings suggest that “Individual X” is, in fact, Shaun Bridges. Bridges Is Set to Be Freed in November Per recent court filings, cited by Fortune, […]

Go to Source

Powered by WPeMatico

Report Claims US President Trump Considering Clemency for Ross Ulbricht

Report Claims US President Trump Considering Clemency for Ross UlbrichtAccording to two anonymous sources, U.S. President Donald Trump is considering clemency for Ross Ulbricht. White House reporters Asawin Suebsaeng and Adam Rawnsley claim sources detailed that Trump “has expressed sympathy” for Ross Ulbricht and his double life sentences. Ross Ulbricht may get clemency from the sitting U.S. President Donald Trump if the American leader […]

The post Report Claims US President Trump Considering Clemency for Ross Ulbricht appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding

Analytics firm Coinfirm says the US Department of Justice (DOJ)’s seizure of digital assets associated with the now-defunct Silk Road left behind tokens worth millions of dollars. According to Coinfirm, there are still valuable balances held on forked addresses originating from that wallet. On November 5, the DOJ announced that a hacker known as Individual […]

The post Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments

Chainalysis Launches Program to Store and Sell Seized Crypto Assets for GovernmentsThe blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 BTC worth over $1 billion on November 3. Blockchain surveillance firm Chainalysis announced the launch of a new […]

The post Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

$1 Billion Silk Road Bitcoin Moves for First Time in Five Years

$1 Billion Silk Road Bitcoin Moves for First Time in Five YearsAt least 69,369 bitcoins, worth about $955 million, were on Wednesday moved from a wallet address that may be linked to the collapsed Silk Road darknet marketplace. This is the first time that the funds have moved from the address — bitcoin’s fourth largest — since April 2015. The address has long been a target […]

The post $1 Billion Silk Road Bitcoin Moves for First Time in Five Years appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico