If there’s one thing cops don’t like, it’s being disrespected. So when some renegade launches a clone of Silk Road, the underground drug marketplace that Feds recently shut down, they’re just begging to get arrested. They even made the homepage a spoof of an FBI-seized domain. That’s disrespectful!
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As of Friday afternoon, the FBI had managed to seize 144,000 bitcoins from Silk Road’s founder. Worth some $28.5 million in current exchange rates, that’s the largest ever seizure of the cryptocurrency. But based on the Bitcoin trail uncovered in recent weeks, over $50 million could still be missing
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Ross Ulbricht’s arrest last week
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Ross Ulbricht, the recently arrested mastermind behind Silk Road, appeared in court today where his lawyer begged for more time before the detention hearing. The judge said he didn’t "know what you’re going to accomplish in the next several days." Maybe move some of his massive stash of hidden Bitcoin?
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Just a few hours ago, it came to light that the feds had shut down Silk Road
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