The Feds Seized $1 Billion in Stolen Silk Road Bitcoins

From wired.com

Woman walking into IRS building

MORE THAN SEVEN years have passed since Ross Ulbricht was arrested in the science fiction section of a San Francisco library and charged with running the sprawling, dark web drug bazaar known as the Silk Road. But when the Feds laid hands on Ulbricht’s laptop that day, they found keys to unlock only a fraction of the bitcoins that he had amassed over the Silk Road’s years of bustling black market drug trade. Today the Justice Department finally revealed where a billion-dollar tranche of the Silk Road’s treasure ended up: stolen by a mysterious hacker, and now seized by the US Treasury.

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