Bitcoin Forum
March 19, 2024, 02:22:24 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2014-10-31] Australian Authorities About to Sell at Auction 24,500 BTC  (Read 1291 times)
botany (OP)
Legendary
*
Offline Offline

Activity: 1582
Merit: 1064


View Profile
October 31, 2014, 03:09:20 PM
 #1

Australian Authorities About to Sell at Auction 24,500 BTC Confiscated From Silk Road Drug Dealer

http://cointelegraph.com/news/112833/australian-authorities-about-to-sell-at-auction-24500-btc-confiscated-from-silk-road-drug-dealer

Deja vu. We need the Drapers.  Grin
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1710814944
Hero Member
*
Offline Offline

Posts: 1710814944

View Profile Personal Message (Offline)

Ignore
1710814944
Reply with quote  #2

1710814944
Report to moderator
1710814944
Hero Member
*
Offline Offline

Posts: 1710814944

View Profile Personal Message (Offline)

Ignore
1710814944
Reply with quote  #2

1710814944
Report to moderator
1710814944
Hero Member
*
Offline Offline

Posts: 1710814944

View Profile Personal Message (Offline)

Ignore
1710814944
Reply with quote  #2

1710814944
Report to moderator
Raystonn
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
October 31, 2014, 07:35:22 PM
 #2

Quote
At the time of Pollard's arrest, the 24,518 BTC confiscated from his electronic wallets were valued at AUD$700,000. Today, the total balance is worth more than AUD$9.59 million.

Forget selling illegal narcotics.  He should have just held the Bitcoins.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!