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ArticMine (OP)
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October 08, 2013, 05:51:28 PM
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The Ultimate Bitcoin Question: Can the Feds Spend $3.3M in Seized Digital Currency?
http://www.wired.com/wiredenterprise/2013/10/silk-road-bust/
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October 08, 2013, 06:10:09 PM
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Bitcoins are great for money laundering, or so people keep claiming. So the obvious solution for the FBI is for those thousands of bitcoins to be laundered into the deputies personal wallets, right?

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even if the feds have a pretty good idea what they’d do with the bitcoins today, they can’t move until the Silk Road case is decided. That could take years,

So those coins are in lockdown for a long time? That sounds bullish to me, it means those coins are not on the market.
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October 08, 2013, 06:12:15 PM
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The slightly more ultimate question - can they get their hands on the estimated 600k BTC (probably less actually saved, maybe 100-200k) of comission earned by DPR over the 2.5 years that SR was running?
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October 08, 2013, 08:49:28 PM
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Quote from: Peter Lambert on October 08, 2013, 06:10:09 PM
Bitcoins are great for money laundering, or so people keep claiming. So the obvious solution for the FBI is for those thousands of bitcoins to be laundered into the deputies personal wallets, right?

Quote
even if the feds have a pretty good idea what they’d do with the bitcoins today, they can’t move until the Silk Road case is decided. That could take years,

So those coins are in lockdown for a long time? That sounds bullish to me, it means those coins are not on the market.

Well, they weren't really on the market before either.
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