criminal charges filed against Ulbricht. Our Standards: The Thomson Reuters Trust Principles. Even if you choose not to have your activity tracked by third parties for advertising services, you will still see non-personalized ads on our site. To avoid personalized advertising based on your mobile app activity, you can install the. There are currently about.8 million bitcoins in circulation. While bitcoins, which are not backed by a government or central bank, have begun to gain a footing among some businesses and consumers, they have yet to become an accepted form of payment on the websites of major retailers such.
The creator of Silk Road, Ross Ulbricht (aka Dread Pirate Roberts) had challenged the legality of the bitcoin forfeiture. Among the beneficiaries of the governments bitcoin fire sale was venture capitalist Tim Draper, who bought an additional batch of nearly 30,000 bitcoins seized from Silk Road. The tale of the underground Silk Road marketplace seems to never end,.S. Prosecutors have recently charged former special agent Shaun Bridges with.