Thursday, 21 November 2019

600,000 Bitcoins

I was doing some reading on Bitcoin and ending up landing on an article about Ross Ulbricht. I don't know the whole story too well and had no idea that there was still Bitcoin missing that the FBI never seized. I'm not sure if they ever got to it but I wanted to know if anyone here knows what ever happened to the 600,000 Bitcoins they are talking about in the article I read. According to the article they seized 26,000 Bitcoins but he had another encrypted wallet that had 600,000 Bitcoins that they never could get to. In today's cash value that would equal to 4,867,000,000 dollars. Does anyone know if they ever got to the hidden Bitcoin wallet or if they know the wallet address it was in to confirm this as the truth? Was there ever any movement in this coin after the arrest? Is his mom riding in a brand new Lambo? So many questions it's crazy to think that if he never made the mistakes he made he would have almost 5 billion dollars today. It's even crazier to think his family may be some of the richest people on earth if they still own and have access to this.

This is the article if anyone wants to read it.

https://www.theguardian.com/technology/2013/oct/07/fbi-bitcoin-silk-road-ross-ulbricht

submitted by /u/__G__P__S__
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