9.5 million flagged bitcoins

[SeriouslyGiveaway]

Total seizure on Silk Road is about 171,955 BTC

Tony Silk Road Scam
Silk Road Seizure

Dates:

    2013-10-02: First seizure (Silk Road user funds)
    2013-10-25: Second seizure (Ross Ulbricht's personal coins)

Victim: Silk Road, Ross Ulbricht, Silk Road users
Perpetrator: FBI seizure
Amount:

    First seizure: 27618.69843217 BTC[41]
    Second seizure: 144336.39449470 BTC[42]

Total: Exactly 171955.09292687 BTC

[wxa7115]

silkroad had made sales over 9.5Million BTC and revenue of around 600,00 BTC,

are this 9.5 million BTC are flagged by US government? is it safe to buy bitcoins from these 9.5million btc (maybe from 9.5million flagged btc)

This idea of flagging bitcoin because it has been transacted by those people is simply a mistake, after all a great deal of all the dollars in circulation have been at some point on the same position and everyone accepts them anyway.

This is an attack against the fungibility of bitcoin, governments are trying to force people into not accepting flagged coins, and this will eventually cause people to be wary to exchange their products for bitcoin out of fear of receiving some flagged bitcoin in return, and eventually given enough time such doubts could kill this market.

[adaseb]

Even if you end up owning these coins, your exchange won’t flag you because they aren’t from Silk Road directly. They were confiscated by the government, auctioned off and whomever bought those coins did it legally and they are cleared of any wrong doing.

Most likely these coins will be sent to coinbase like before and we will never know who actually gets those exact coins because they will be mixed in with all the other coins that coinbase holds. So this is not an issue.

[un_rank]

I disagree and you should not make irresponsible statements like this especially if it can increase the risk of someone's funds in an exchange or a bank account being frozen or closed.
...

Which is why I clarified that it is a centralization strategy. If I am a user who prefers privacy and I use a mixer to provide that, should you also avoid buying from me cause exchanges can flag it as tainted?

Bitcoin is decentralized, so on chain no one picks and chooses which is clean and which is not, it is something that happens on centralized exchanges, so if you are comfortable using them, then you should worry about tainted coins along with the thousand and one risks that such exchanges come with.

- Jay -

[kingvirtus09]

silkroad had made sales over 9.5Million BTC and revenue of around 600,00 BTC,

are this 9.5 million BTC are flagged by US government? is it safe to buy bitcoins from these 9.5million btc (maybe from 9.5million flagged btc)

From the very start, we know what the government's motive and goal is, and that is to have control over Bitcoin which they will never be able to do, they have tried several times but all of them have failed. they They are almost crazy about how to make what they want happen.
and besides that, no matter what time it is now, anyone can still buy Bitcoin because there are sellers and buyers of it, so it's still the top popular digital currency in this industry, right?

[joniboini]

and besides that, no matter what time it is now, anyone can still buy Bitcoin because there are sellers and buyers of it, so it's still the top popular digital currency in this industry, right?

I don't think that is the point of OP's post (although I doubt his source). He's asking whether he can sell or buy those coins without getting into trouble, which I assume is related to an exchange or something he uses. If you don't use them and will never use any service that will need to follow regulations closely (KYC stuff like that) then I'm sure there will be no trouble. The blockchain only sees transactions.

[hugeblack]

silkroad had made sales over 9.5Million BTC and revenue of around 600,00 BTC,
are this 9.5 million BTC are flagged by US government? is it safe to buy bitcoins from these 9.5million btc (maybe from 9.5million flagged btc)

The estimates you mentioned are very exaggerated, and the closest to accuracy is that the trading volume was 9.5 million, i.e. the total transactions processed by Silkroad, and 9.5 million dollars, not Bitcoin, but it is impossible for their wallet to contain more than a million dollars.
In general, the story is very old, and most of the responses here are for people who created accounts after the year 2014, so we will not know what was happening at that time, and all we can tell you is what everyone can find from searching in Google or news sites.

This story no longer resonates and I rarely find analytics linking bitcoin to the dark web or drug trafficking, or at least not as much as I did when I joined the forum in 2017.