Tag Archives: Asset forfeiture

Silk Road Bitcoin Worth $18 Million Get Auctioned Off

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Last fall, the FBI took down the world’s biggest online drug bazaar Silk Road, and arrested the man it alleged to be its kingpin, Ross Ulbricht, 30. The feds seized the site’s assets and Ulbricht’s...

Silk Road Vendor Filing Claim For Seized Bitcoins, Argues He Sold Only Legal Items

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Somewhere in the $164 million worth of bitcoins held by the U.S. government, there’s a chunk of the cryptocurrency that until very recently belonged to Peter Ward, a British self-described “...

The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road

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One of the bigger wallets on the Bitcoin blockchain is going to be emptied in the near future. Back in October, when the feds took down the online drug bazaar Silk Road, they seized the nearly 30,...
    






Utah Made It Easier For Cops To Seize Innocent People’s Property. And Not A Single Lawmaker Voted Against It

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A new report published by the Libertas Institute, a free market think tank, reveals how a little-known new law greatly weakened legal protections for property owners facing civil forfeiture in Utah...