Bitcoin forfeiture from Silk Road is a record «
NEW YORK (MarketWatch) — The U.S. government on Thursday said it officially took control about 29,655 bitcoins, worth approximately $28 million as of the announcement, from the 2013 seizure of the website Silk Road. The website, which only accepted bitcoin, allegedly allowed users to buy and sell unlawful goods and services anonymously. U.S. Attorney Preet Bharara said the forfeiture of bitcoins was the largest to date. “These bitcoins were forfeited not because they are bitcoins, but because they were, as the court found, the proceeds of crimes,” he said in a statement. The government also seized 144,336 additional bitcoins from Ross William Ulbricht, the alleged owner and operator of Silk Road, but he has contested the forfeiture and denied the charges in the case.