2013-12-23 NYPost - Feds stole my $33 million bitcoin booty - SilkRoad's DPR

[prophetx]

innocent until proven guilty... but you all don't care about that do you.

i mean this could all be some cover for the real DPR, maybe poor, young Ross was just given 200k coins to stand trial and if he makes it out alive he is set, otherwise he still gets a movie.

you just need one or two hard headed potheads on the jury to do some good ole jury nullification and get a hung jury.

i would never hire any of you for my legal defense were I an alleged internet traffic godfather, just sad giving up before the fight has even gotten started!

[1715149376]

1715149376

[bryant.coleman]

There are two addresses:

https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH with 144,341.52165741 BTC allegedly DPR's personal stash

Most of the coins were moved in to this wallet on October 24 and October 25, probably by the FBI. Ullbricht was arrested several weeks earlier.

[beetcoin]

while i don't hate the guy, it's hard to call him anything but foolish. he was still living in the U.S., left trails to his personal identity, didn't use enough encryption to protect his assets, and then he asked for the personal identification of his team (without destroying/hiding their personal info)...

[bryant.coleman]

while i don't hate the guy, it's hard to call him anything but foolish.

He wasn't foolish. Definitely not. However I'll agree that he was somewhat overconfident. He miscalculated or perhaps underestimated the powers of the FBI.

[hilariousandco]

while i don't hate the guy, it's hard to call him anything but foolish.

He wasn't foolish. Definitely not. However I'll agree that he was somewhat overconfident. He miscalculated or perhaps underestimated the powers of the FBI.

He did quite a lot of foolish things, especially within regards to setting the site up.

[Bitco]

He claims he's not DPR.  This could get interesting.

http://www.forbes.com/sites/timworstall/2013/12/25/ross-ulbricht-im-not-the-dread-pirate-roberts-but-the-bitcoins-are-still-mine/

[MrPalmer]

He claims he's not DPR.  This could get interesting.

http://www.forbes.com/sites/timworstall/2013/12/25/ross-ulbricht-im-not-the-dread-pirate-roberts-but-the-bitcoins-are-still-mine/

WOW.  Didn't see that coming.   

Yea - something tells me this will be a landmark case for BTC in the USA.  I do agree with the reporter, though - always seems a little backwards when the accused isn't allowed to use their resources to defend themselves.  Guilty until proven innocent.

[bryant.coleman]

He claims he's not DPR.  This could get interesting.

http://www.forbes.com/sites/timworstall/2013/12/25/ross-ulbricht-im-not-the-dread-pirate-roberts-but-the-bitcoins-are-still-mine/

Either

1. He is DPR and the coins are his

or

2. He is not DPR, and the coins don't belong to them.

Only two possibilities. Sorry.