US justice seized a $ 1 billion wallet



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Is there no time now?

The United States Department of Justice has confiscated a wallet in which bitcoins worth one billion US dollars are stored. A few years ago, a hacker stole money from the founder of Silk Road.

About seven years ago, the FBI shut down the Silk Road darknet platform and arrested its founder, Ross Ulbricht. Ulbricht was sentenced to life in prison. Much of the sales generated through the Silk Road website operating in the Tor network are believed to have disappeared. Now the US judiciary has been able to confiscate a digital wallet that a hacker allegedly stole in Ulbricht in 2012 or 2013.

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Hackers stole 1 billion cryptocurrencies

The US Department of Justice has detected 69,370 Bitcoin and other cryptocurrencies, which are now worth over a billion dollars, Wired reports. Between May 2012 and April 2013, an unnamed hacker, who is also referred to in the documents as “Individual X”, allegedly stole this digital money and hijacked two of his wallets. The cryptocurrency path is said to have been overshadowed in 54 transactions. This money has not been touched since then.

Although it has long been speculated that the wallet may be somehow related to the platform that was closed in 2013, the authorities have only now discovered the hacker. On the night of November 3, the multi-billion dollar collection was finally moved after several years of rest, as cryptanalysts found. This is only possible if someone has the appropriate security keys. According to the latest information, the hacker is said to have handed the money to the authorities. The details are still pending.

The founder of Silk Road threatened hackers

Interesting details on the side: the founder of Silk Road Ulbricht is said to have managed to discover the identity (online) of the hacker. The hacker did not comply with the corresponding requests and threats to return the money. Instead, it has seen the value of the cryptocurrencies it owns multiply from around 350,000 to over a billion dollars.

When the FBI shut down the Silk Road platform, investigators confiscated 144,000 cryptocurrencies, according to Wired, which were auctioned for around $ 48 million in 2014 and 2015 – now worth over $ 2 billion. But now at least another billion dollars is pouring into the pockets of the United States government.

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