Wednesday, February 18, 2015

Prosecutors Trace $13.4M in Bitcoins From the Silk Road to Ulbricht’s Laptop

From Wired:

Prosecutors Trace $13.4M in Bitcoins From the Silk Road to Ulbricht’s Laptop

If anyone still believes that bitcoin is magically anonymous internet money, the US government just offered what may be the clearest demonstration yet that it’s not. A former federal agent has shown in a courtroom that he traced hundreds of thousands of bitcoins from the Silk Road anonymous marketplace for drugs directly to the personal computer of Ross Ulbricht, the 30-year-old accused of running that contraband bazaar.

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