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InvisibleHolybullshit
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Registered: 01/06/19
Posts: 1,553
Re: United States Files A Civil Action To Forfeit Cryptocurrency Valued At Over One Billion U.S. Dollars [Re: The Thing] * 1
    #27030572 - 11/09/20 05:55 PM (3 years, 3 months ago)

For sure, if I was the buyer, first thing I would do is run it all through a tumbler.

Maybe I should start following gov't bitcoin auctions, probably would find an arbitrage opportunity or two if I were willing to mortgage my house.


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InvisibleThe Thing
ТнغТнརиو
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Registered: 03/01/18
Posts: 1,539
Re: United States Files A Civil Action To Forfeit Cryptocurrency Valued At Over One Billion U.S. Dollars [Re: Holybullshit]
    #27031008 - 11/10/20 03:00 AM (3 years, 3 months ago)

What, you don't have a lazy 250k laying around.. :lol:

Me neither.


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OfflineCamwritesgonzo
The Unflushable Stool
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Registered: 06/09/12
Posts: 2,333
Loc: On Uranus Flag
Last seen: 6 months, 10 days
Re: United States Files A Civil Action To Forfeit Cryptocurrency Valued At Over One Billion U.S. Dollars [Re: geokills]
    #27031035 - 11/10/20 03:53 AM (3 years, 3 months ago)

Did Mt. GOX get completely stripped down? I wonder, if the feds had some sort of in-road to whatever was left of it if they'd  be able to find some sort of backdoor or something into the system that would allow them to cash out. But, then again, I never was too educated on cryptocurrency and all the intricacies of the information involved.


--------------------
"I've always maintained that reality is for those who can't face drugs."-Tom Waits
"I feel the same way about disco as I feel about herpes."-Hunter S. Thompson
A squid eating dough in a polyethylene bag is fast and bulbous, got me?


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OnlineSugabearcrisp
Not Your Average Bear
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Registered: 10/14/19
Posts: 12,131
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Re: United States Files A Civil Action To Forfeit Cryptocurrency Valued At Over One Billion U.S. Dollars [Re: Camwritesgonzo]
    #27031097 - 11/10/20 05:49 AM (3 years, 3 months ago)

I assume this is related

https://www.techradar.com/news/mysterious-billion-dollar-transaction-sees-dormant-bitcoin-wallet-return-from-the-dead

Quote:

3 days ago

A mysterious bitcoin wallet – the fourth-largest in the world – has unexpectedly been emptied. Wallet address 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx held 69,369 bitcoins, equivalent to approximately $955 million, before a huge transaction suddenly took place, sending funds crashing to near zero.
It is currently unclear who moved the funds but the account is believed to have potential ties to the Silk Road marketplace that was shut down in 2013. The Silk Road’s founder, Ross Ulbricht, was sentenced to life imprisonment two years later.

“The movement of these bitcoins today, now worth around $955 million, may represent Ulbricht or a Silk Road vendor moving their funds,” Tom Robinson, co-founder and chief scientist of crypto-compliance provider Elliptic, said in a blog post. “However it seems unlikely that Ulbricht would be able to conduct a bitcoin transaction from prison. Alternatively, the encrypted wallet file may have been real, and the password has now been cracked - allowing the bitcoins to be moved.”






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InvisibleHolybullshit
Stranger
Registered: 01/06/19
Posts: 1,553
Re: United States Files A Civil Action To Forfeit Cryptocurrency Valued At Over One Billion U.S. Dollars [Re: Sugabearcrisp]
    #27031159 - 11/10/20 07:33 AM (3 years, 3 months ago)

Could be linked to chinese users.


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