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Author Topic: FBI coins could sell for a premium  (Read 5840 times)
HarHarHar9965
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July 15, 2014, 07:01:01 PM
 #61

So i wonder when will be the next block of 30k coins put in auction, there are 120k left.

They all belong to DPR still. They are merely confiscated until he loses the trial.

Was there any kind of official word that this is the case? In theory, they could have the assets forfeited in civil proceeding without a conviction.
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Benjig
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July 15, 2014, 07:02:36 PM
 #62

So i wonder when will be the next block of 30k coins put in auction, there are 120k left.

They all belong to DPR still. They are merely confiscated until he loses the trial.

Lol, so i wonder what he was planning to do with so much money? did he ever spent something?, i mean he dint get houses or cars confiscated.
HarHarHar9965
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July 15, 2014, 07:03:36 PM
 #63

So i wonder when will be the next block of 30k coins put in auction, there are 120k left.

They all belong to DPR still. They are merely confiscated until he loses the trial.

Lol, so i wonder what he was planning to do with so much money? did he ever spent something?, i mean he dint get houses or cars confiscated.

I think he was just amassing them all forever, since he started SR. He was on some Pinky and the Brain tip, I think...
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July 15, 2014, 07:30:50 PM
 #64

Necro for the lulz.  

My my, I can remember vividly not long ago when people were screaming right and left that the selling price of the SR coins would be exactly known.  And screaming that it would actually matter to the market.  Now 3 weeks later, and not only was the final price/btc paid NOT revealed to the public, but it seems the Bitcoin community NO LONGER CARES and has completely forgotten and moved on quickly.  Short term memory loss much?  

Unlike the majority, I for one don't have a short memory. I can remember all the silly, ignorant FUD that has happened over the past year.  I would chalk all the past FUD as irrelevant, except for the simple fact that the sheeple affected the market directly with their outright stupidity.

The point is, FUD is completely irrelevant and should have no bearing on bitcoiner's long term market decisions.  It's fleeting and goes away quickly.  Please keep this in mind and let this be a cautionary tale when FUD rears it's ugly head again in the future, OK?

I also care and I'm also surprised there isn't more speculation on the topic.  I think people where expecting some negative actions as far as the price of BTC goes.  So far there as been no real swings so not there hasn't been much attention given to the matter since, which I agree is odd.
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July 15, 2014, 11:27:05 PM
 #65

Maybe he just had them in paper wallets, and they just found them sitting on his coffee table?
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July 16, 2014, 12:45:58 AM
 #66

Anyway, they cannot sell until he is convicted or drops his claims. Maybe he'll drop his claims as part of a deal. I'm still very curious how the FBI even got the private keys. Did they actually torture him? Without torture there's no fucking way I'd give up the private keys. It's your get out of jail ticket.
IIRC the media reported that he was logged into the SR website as an administrator (I think it was kind of like a console that allowed him to do various administrative tasks - resolve disputes, release funds from escrow, process manual payouts) and they basically had all the funds held at the site manually paid out to a wallet that they controlled. A dumbed down way to say this is that Ross had a unlocked/unencrypted wallet open when they arrested him.

I think I read a story somewhere that said some FBI lady, was running towards him, screaming something like "I never want to see you again" grabbed his laptop, then a bunch of FBI agents came out and arrested him.
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July 16, 2014, 02:01:36 PM
 #67

Anyway, they cannot sell until he is convicted or drops his claims. Maybe he'll drop his claims as part of a deal. I'm still very curious how the FBI even got the private keys. Did they actually torture him? Without torture there's no fucking way I'd give up the private keys. It's your get out of jail ticket.
IIRC the media reported that he was logged into the SR website as an administrator (I think it was kind of like a console that allowed him to do various administrative tasks - resolve disputes, release funds from escrow, process manual payouts) and they basically had all the funds held at the site manually paid out to a wallet that they controlled. A dumbed down way to say this is that Ross had a unlocked/unencrypted wallet open when they arrested him.

I think I read a story somewhere that said some FBI lady, was running towards him, screaming something like "I never want to see you again" grabbed his laptop, then a bunch of FBI agents came out and arrested him.
Wow, so they got him disatracted so he wouldn't be able to close his laptop?

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okthen
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July 16, 2014, 02:47:22 PM
 #68

So i wonder when will be the next block of 30k coins put in auction, there are 120k left.

They all belong to DPR still. They are merely confiscated until he loses the trial.

Only a matter of time, I guess.
After what this auction's results... I imagine they might be sold a lot above market price!
hollowframe
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July 17, 2014, 02:39:19 AM
 #69

Anyway, they cannot sell until he is convicted or drops his claims. Maybe he'll drop his claims as part of a deal. I'm still very curious how the FBI even got the private keys. Did they actually torture him? Without torture there's no fucking way I'd give up the private keys. It's your get out of jail ticket.
IIRC the media reported that he was logged into the SR website as an administrator (I think it was kind of like a console that allowed him to do various administrative tasks - resolve disputes, release funds from escrow, process manual payouts) and they basically had all the funds held at the site manually paid out to a wallet that they controlled. A dumbed down way to say this is that Ross had a unlocked/unencrypted wallet open when they arrested him.

I think I read a story somewhere that said some FBI lady, was running towards him, screaming something like "I never want to see you again" grabbed his laptop, then a bunch of FBI agents came out and arrested him.
Wow, so they got him disatracted so he wouldn't be able to close his laptop?
They (she) distracted him so she could get close enough to him then she snatched his laptop and the other FBI agents arrested him. Apparently he would frequently use that library to connect to SR and didn't use many (any?) other spots to connect (as per media reports IIRC).   
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