How are you internet based coin nerds not talking about this?
https://arstechnica.com/information-...nt-since-2015/
Tldr, account with over 69K BTC that has been dormant for 5 years wakes up and transfers it all.
Tine I used to think you were the BTC savant. Now I wonder where you're moving your $1B in BTC.
Edit: First time I read it they assumed it was someone tied to silk road. Just reread and it looks like the San Fran US attorneys office has the dough. Never miiinnnnd nothing to see here.
shit·show
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noun
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Originally Posted by wrenchjockey
yeah its the feds accessing a silk road wallet and is generally considered the catalyst behind the big leap in value.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
yeah its the feds accessing a silk road wallet and is generally considered the catalyst behind the big leap in value.
I wonder how many votes $1B buys you.
shit·show
/ˈSHit ˌSHō/
noun
1) a situation or event marked by chaos or controversy. 2) This site.
Not that I'm doubting this, and you might be correct, but...
yeah its the feds accessing a silk road wallet and is generally considered the catalyst behind the big leap in value.
Is there any evidence it's the feds? Or just a good guess?
its in a few related articles which i half read.
https://www.bloomberg.com/news/artic...over-1-billion
second paragraph, for example.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Story became much less interesting when it turns out it's just civil forfeiture.
https://blog.chainalysis.com/reports...-november-2020
Funny enough, because BTC has split into 4 coins since 2015, the feds got identical amounts of all 4 coins (BTC, BCH, BSV, BTG).
Fittingly, the billion bucks is going into a fund which, among other things, trains agents how to identify more bitcoin to seize.
The seizure is about 0.4% of all bitcoin.
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