U.S. Government Now Owns $1 Billion Bitcoin

In this video, I discuss the recent seizure of $1 billion worth of Bitcoin by the U.S. government. It was seized from a hacker who allegedly stole it from the Silk Road.

Not investment advice! Consult a financial advisor.

US seizes $1 billion Bitcoin:
https://www.coindesk.com/u-s-seized-more-than-1b-in-silk-road-linked-bitcoin-seeks-forfeiture-bloomberg

Silk Road forbid items that could hurt a third party:
https://en.wikipedia.org/wiki/Silk_Road_(marketplace)#:~:text=This%20included%20child%20pornography%2C%20stolen,the%20Silk%20Road%20incarnations%20were.

Ross Ulbricht:
https://en.wikipedia.org/wiki/Ross_Ulbricht

Free Ross Ulbricht petition:
https://freeross.org/

Two good candidates for jail:
https://en.wikipedia.org/wiki/Richard_S._Fuld_Jr.

https://en.wikipedia.org/wiki/Kerry_Killinger

US files civil action:
https://www.justice.gov/usao-ndca/pr/united-states-files-civil-action-forfeit-cryptocurrency-valued-over-one-billion-us

The wallet in question:
https://crypto.co/news/u-s-doj-seizes-1b-worth-of-bitcoin-stolen-from-silk-road/

https://www.blockchain.com/btc/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx?page=2

Where the Bitcoin was moved to:
https://www.blockchain.com/btc/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6

How the Feds may have found "Individual X":
https://www.wired.com/story/feds-seize-billion-stolen-silk-road-bitcoin

BTC-e:
https://en.wikipedia.org/wiki/BTC-e

Coinbase KYC:
https://help.coinbase.com/en/coinbase/managing-my-account/account-information/identity-verification-faq

How to protect your Bitcoin from $5 wrench attacks:
https://blog.keys.casa/how-to-protect-your-bitcoin-from-5-wrench-attacks/

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https://www.trader.university/join
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https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#SilkRoad

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