Bitcoin in the Headlines: Silk Road Strikes Comedic Gold

[Coinbuddy]

You'd be forgiven for mistaking the news of corrupt special agents for a high-budget Hollywood Blockbuster – the plot itself is box office gold.

News coverage on bitcoin exploded this week as mainstream outlets from all over the globe picked up on new allegations that were filed in the ongoing saga of online black market Silk Road.

READ MORE: http://www.coindesk.com/bitcoin-in-the-headlines-silk-road-strikes-comedic-gold/

[xDan]

Bitcoin: So good even US federal agents want in on it.

[NyeFe]

Bitcoin: So good even US federal agents want in on it.

[Totaldice]

It's funny how something like the Silk Road brought to light government corruption. Now imagine how much corruption goes on behind the scenes through cash and banks.

[Inotanewbie]

It's funny how something like the Silk Road brought to light government corruption. Now imagine how much corruption goes on behind the scenes through cash and banks.

No need to imagine it should be quite clear how corrupt banks and there puppets the government are if it is not then you need to look a little close my friend. It is cool how them agents thought they could steal and not be caught then the power of the mighty bitcoin popped up and slapped the thieves back in to their place. What a waste of good careers over a little bitcoin   

[9000]

It is really stupid trying to sell Silk Road coins at Bitstamp, should have used LocalBitcoins or BTC-e, the guy should have known better, that was is job!

[Totaldice]

It's funny how something like the Silk Road brought to light government corruption. Now imagine how much corruption goes on behind the scenes through cash and banks.

No need to imagine it should be quite clear how corrupt banks and there puppets the government are if it is not then you need to look a little close my friend. It is cool how them agents thought they could steal and not be caught then the power of the mighty bitcoin popped up and slapped the thieves back in to their place. What a waste of good careers over a little bitcoin   

Hah, it was a bit more than a little wasn't it? But ya, the amount of government corruption is disgusting.

[Inotanewbie]

It's funny how something like the Silk Road brought to light government corruption. Now imagine how much corruption goes on behind the scenes through cash and banks.

No need to imagine it should be quite clear how corrupt banks and there puppets the government are if it is not then you need to look a little close my friend. It is cool how them agents thought they could steal and not be caught then the power of the mighty bitcoin popped up and slapped the thieves back in to their place. What a waste of good careers over a little bitcoin   

Hah, it was a bit more than a little wasn't it? But ya, the amount of government corruption is disgusting.

Because you don't understand that was just a saying 'over a little bitcoin' anything under millions is little to give your awesome careers away and your life, your families future with you all for under a million that is little and not worth even thinking about. Now they get the pleasure of being a fed in prison for a little bitcoin 

[Totaldice]

It's funny how something like the Silk Road brought to light government corruption. Now imagine how much corruption goes on behind the scenes through cash and banks.

No need to imagine it should be quite clear how corrupt banks and there puppets the government are if it is not then you need to look a little close my friend. It is cool how them agents thought they could steal and not be caught then the power of the mighty bitcoin popped up and slapped the thieves back in to their place. What a waste of good careers over a little bitcoin    

Hah, it was a bit more than a little wasn't it? But ya, the amount of government corruption is disgusting.

Because you don't understand that was just a saying 'over a little bitcoin' anything under millions is little to give your awesome careers away and your life, your families future with you all for under a million that is little and not worth even thinking about. Now they get the pleasure of being a fed in prison for a little bitcoin  

True, guess I didnt think of it like that 

[Cult]

He doesn't even know how to be corrupt, he should've mixed the coins and just hold them for a few years...

[blumangroup]

He doesn't even know how to be corrupt, he should've mixed the coins and just hold them for a few years...

Mix a nice amount and then he should have invested in some of the altcoins and gambling sites which would have give him a fairly legitimate income, so many choices and opportunities not to get busted.

I guess when you have to think on the spot it clouds your judgement which is a shame because now he gets to share a prison with the same guys he spent his life putting in there. A very sad day to be a fed agent in jail how long will he last hmmm 

[Jamie_Boulder]

Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"

[majeis]

Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"

The Market

Crazy Fair

Block/Chain

[BillyBobZorton]

Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"

Citizen Karpeles
Sato and the 120 Bitcoins
Bit Fiction

Any of them directed by Quentin Tarantino would make for a great movie.

[iGotSpots]

If anything, this entire situation should prove how NOT anonymous Bitcoin really is

[Totaldice]

Haha, ideas for movie names anyone?

1. Silk Road
2. FBVI - Federal Bureau of Virtual Investigation
3. "Bitcoin"
4. "Anonymous"

Hah, I was just thinking that they should make this whole ordeal into a movie, it would be pretty awesome.

[Ron~Popeil]

They should have invested it into BTC Trader or PB Mining. If feds lost money you can bet there would be an investigation.

[bryant.coleman]

It is really stupid trying to sell Silk Road coins at Bitstamp, should have used LocalBitcoins or BTC-e, the guy should have known better, that was is job!

BTC-e is the best. They require no ID proofs and you can trade as much as you want. I won't trust LBC, as it is based in the US, and requires some sort of verification. But Bitstamp is a strict no-no.

[moni3z]

His escape plan was pretty weak too http://fusion.net/story/114127/silk-road-dea-agent-escape-plan/ considering the land border between Algeria and Morocco is closed and you stand a high chance of being arrested going near it.  

Seems from that article he also used BTC-E

Apparently, the government hasn’t been able to track down all of Force’s money. According to the motion, Force, who made a $150,000 annual salary with the DEA, wired “approximately $235,000 to an account in Panama, which was subsequently transferred to a digital currency exchange company believed to be operating out of Eastern Europe and/or the former Soviet Union.” The government doesn’t name the exchange but says it’s known to be “noncompliant with U.S. laws and unresponsive to legal process from the U.S. authorities.”

[bigasic]

It is really stupid trying to sell Silk Road coins at Bitstamp, should have used LocalBitcoins or BTC-e, the guy should have known better, that was is job!

BTC-e is the best. They require no ID proofs and you can trade as much as you want. I won't trust LBC, as it is based in the US, and requires some sort of verification. But Bitstamp is a strict no-no.

Carl Force sent 250k or so to BTC-e not too long before his arrest. BTC-e wont work with the us investigators, so a couple things will happen. 1. someone inside btc-e will know the account and take the coins for himself or 2. it will be there for Carls wife or whomever to pull out or 3. hope that BTC-e will still be here in 30 or so years so he can withdraw it if its still there and bitcoin is going strong.

Also i think that there are a lot more coins and fiat that the goverment hasnt found.. I bet he has hundreds of thousands to millions stashed somewhere.. WHats really weird is why didn't he run a year ago? he resigned in may of 2014 when he knew he was under investigation. The only thing  I can think of is that he had no idea that the govt. knew so much. He probably thought it was just about the stolen money from SR which he could blame the other guy for doing, even though im sure he is just as guilty for the SR theft as the other guy. oh, and he lied about using a non approved alias, he was supposed to only use NOB, i believe he used a couple others that his superiors didnt know of..