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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-10-31] Australian Authorities About to Sell at Auction 24,500 BTC
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botany (OP)
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October 31, 2014, 03:09:20 PM
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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
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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October 31, 2014, 07:35:22 PM
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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.
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