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NY US Attorney: $28M in bitcoins seized

12 pointsby aasaravaover 11 years ago

3 comments

brittaover 11 years ago
I got curious about what they&#x27;ll do with the seized bitcoins, and <a href="http://www.forbes.com/sites/kashmirhill/2013/10/04/fbi-silk-road-bitcoin-seizure/" rel="nofollow">http:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;kashmirhill&#x2F;2013&#x2F;10&#x2F;04&#x2F;fbi-silk-...</a> covers it: <i>&quot;I asked the FBI spokesperson what the plan is for those cryptocoins. “We will download the Bitcoin and store them,” she said. “We will hold them until the judicial process is over.” Then what? “This is kind of new to us,” she said. “We will probably just liquidate them.”&quot;</i> That sounds like it&#x27;ll be an interesting day.<p>This is also great, from that article: <i>&quot;Reddit has located what looks to be the FBI’s Bitcoin wallet...Now members of Reddit are starting to use the wallet as an email address, sending it tiny amounts of Bitcoins along with public messages, which can be read here (<a href="http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX?offset=0&amp;filter=0" rel="nofollow">http:&#x2F;&#x2F;blockchain.info&#x2F;address&#x2F;1F1tAaz5x1HUXrCNLbtMDqcw6o5GN...</a>).&quot;</i> It&#x27;s been colonized by spammers now.
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tomflackover 11 years ago
Is there a way, given consensus among the bitcoin community, to mark these coins as &quot;bad&quot; and effectively destroy their value?
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kdsudacover 11 years ago
Can&#x27;t wait to hear all the bitcoin fanboys explain how this is in fact a good thing for bitcoin. :)
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