At the time it was taken down seven years ago, Silk Road had nearly 13, listings for illegal drugs and "many more listings" offering illegal services such as computer hacking and murder for hire, according to the complaint.
Those generated sales totaling more than 9. The complaint also alleges that the Silk Road used a process to make it harder to track individual transactions of cryptocurrency.
The forfeiture could be temporary though. Skip Navigation.
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Markets Pre-Markets U. Key Points. This led it to an address belonging to "Individual X", who is alleged to have hacked the funds from the marketplace. Law enforcement officers in turn took control of the sum on 3 November, and the DoJ claims the funds are now subject to forfeiture.
The US government seized $1 billion in bitcoin from dark web marketplace Silk Road - The Verge
In , Bitcoin seized from a different wallet associated with Silk Road was sold at auction by the US government. Silk Road creator Ross Ulbricht is currently serving two life sentences in prison after being found guilty of money laundering, computer hacking, and conspiracy to traffic narcotics. Bidders snap up final Silk Road bitcoins. Silk Road drug site founder jailed.
The feds just seized Silk Road’s $1 billion stash of bitcoin
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US seizes $1bn in bitcoin linked to Silk Road site
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