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Author Topic: Silk Road lost funds  (Read 824 times)
Noitev
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December 18, 2013, 08:07:15 PM
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I was pretty hungry last night around 4 am and went to a 24/7 convenience store near me to get some snacks. I put on a Bitcoin shirt and drove off.

When I got the the clerk commented about bitcoin and how he had 19 BTC lost to sil road since he used it as a online wallet. we had a pleasant chat and I went on my way.

Is there anything people like him can do?
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December 18, 2013, 08:11:32 PM
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Not likely, its the united states' property now. Fortunately for me I only lost a few dollars in btc when it was seized.

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December 18, 2013, 08:14:55 PM
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Yes, cut his losses and stop telling strangers that he was buying drugs on Silk Road.

It is possible to make a claim for seized property with the treasury but I would advise against it. Direct him to this website: http://fear.org/whatodo-1.html

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December 18, 2013, 08:37:10 PM
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Yes, cut his losses and stop telling strangers that he was buying drugs on Silk Road.

It is possible to make a claim for seized property with the treasury but I would advise against it. Direct him to this website: http://fear.org/whatodo-1.html

About a quarter of the products that were offered on SR weren't drugs...

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December 18, 2013, 08:39:15 PM
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Yes, cut his losses and stop telling strangers that he was buying drugs on Silk Road.

It is possible to make a claim for seized property with the treasury but I would advise against it. Direct him to this website: http://fear.org/whatodo-1.html

About a quarter of the products that were offered on SR weren't drugs...

Don't tell me, tell the Feds during their investigation of you when you make the claim.

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December 18, 2013, 09:29:36 PM
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Yes, cut his losses and stop telling strangers that he was buying drugs on Silk Road.

It is possible to make a claim for seized property with the treasury but I would advise against it. Direct him to this website: http://fear.org/whatodo-1.html

About a quarter of the products that were offered on SR weren't drugs...

Don't tell me, tell the Feds during their investigation of you when you make the claim.

Well I guess the feds have the database and can see whether you've been buying/selling legit items or not. Probably not a lot of totally clean accounts there...
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December 18, 2013, 11:21:25 PM
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 The USA as we now know it has placed the burden of proof on you. You will have to prove ownership of coins, and prove you were doing nothing illegal.. Since they arent physical or hold any intrinsic value, its the account/wallet itself youd be requesting back. Which is 100% connected to the operators of Silk Road. So by admitting you operated an account/wallet with Silk Road would make you an accessory to crime in some way.   Buying the wrong brand of cereal gets you put on the terrorist watch list these days...

When they seized the site/server or whatever, did they acquire the data to access the wallets?  Or did they have to set up other online black markets hoping users would use the same username and password? (I hear there's a Silk Road 2)
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