Tuesday, October 15, 2013

Silk Road owner now may own almost 5% to 10% of the world's Money!

“We have seized everything we were entitled to seize under the civil forfeiture action,” said the spokesman, Peter Donald.


Yes he got 600,000 Bitcoins password of which won't be lost! Even in case if he goes into prison, he won't lose that money, in the opposite, his money will multiply throughout the years since Bitcoin is an unstoppable currency!


The criminal complaint against him filed in New York claims Ulbricht pulled in a grand total of600,000 Bitcoin, worth roughly $80 million by current exchange rates, over the course of two years, as commission on sales of drugs and other illegal goods and services on his black market website. U.S. prosecutors filed a corresponding civil forfeiture action against Ulbricht and Silk Road, authorizing the FBI to go in and seize any assets tied to the operation of the website. In the end, they took hold of about 27,000 units of Bitcoin, which an FBI spokesman said on Monday is all they were authorized to take.

I am personally wouldn't traded any of my wealth to any other currency or form of assets if I had any of them. That's why I don't understand speculations around the Bitcoin

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