The Majority of Dread Pirate Roberts’ Bitcoins Remain Unseized

The supposed one-fifth of Silk Road’s bitcoins that have been seized are held at this wallet by the FBI: 1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX.   It is great fun to read through all the transaction notes, angry rantings, loan requests, etc that people are sending to the publicly viewable address.  These bitcoins were seized from the Silk Road but they were not  seized from Mr. Ross Ulbricht.

Those bitcoins sitting in the FBI wallet are mostly “innocent” user funds, and those funds that were held in escrow due to pending orders at the time.  Some Silk Road users are attempting to claim their bitcoins back from the US government by claiming that they were using Silk Road for their legal goods, of which there were just a few.

By the way Business Insider, www.blockchain.info is not the actual blockchain, it is just a crawler that allows you to view a lot of useful data.  Suggesting otherwise shows blatant stupidity.

Reference: https://www.ccn.com/sweden-norway-add-bitcoin-vat-norway-implement-bitcoin-tax