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Author Topic: [2014-10-16] How Prosecutors Might Nail Ross Ulbricht Using The Supposedly Anony  (Read 713 times)
zakoliverz
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January 16, 2015, 04:08:11 AM
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http://www.forbes.com/sites/valleyvoices/2015/01/15/how-prosecutors-might-nail-ross-ulbricht-using-the-supposedly-anonymous-bitcoin/

When the FBI seized the Silk Road server and the associated bitcoin wallets, they didn’t just gain the ability to move the bitcoins, they also gained an index into history. The private keys contained in this file can generate a near infinite universe of distinct public addresses, but capturing the private key enables computing all these addresses. This acts as an index into the blockchain, the public ledger which records every bitcoin transaction. By seizing the wallet, the FBI now knows every bitcoin transaction involving the Silk Road wallets: payments sent, payments received, and even internal transactions designed to confuse outside analysis.
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MUFC
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January 16, 2015, 01:54:26 PM
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The question is have they already figured or mapped out these transactions? If they have then he's pretty much screwed. It's certainly going to be interesting seeing him trying to wrangle out of these charges but it seems his best and likely futile option is to try pass the blame on to someone else which I don't think is going to work for obvious reasons.

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January 21, 2015, 12:10:46 AM
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However no evidence linking those Bitcoin's to the Silk Road has come out yet

And.... it just came out:
http://arstechnica.com/tech-policy/2015/01/researcher-links-20-percent-of-ulbrichts-bitcoins-to-silk-road-accounts/

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January 21, 2015, 07:45:24 PM
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Can this be used as evidence? I guess not, but it just makes him look even more pathetic trying to blame it all on Mark K. He really was very niave about a lot of things and not covering his tracks with the coins was one of them and evidence you cannot refute.

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January 21, 2015, 08:34:43 PM
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 *Facepalm*

"Supposedly anonymous?"  C'mon, really?  I mean...REALLY?!

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