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Isn't the US Gov one of these whales ever since SilkRoad was seized?
by ct0 9y ago
Isn't the US Gov one of these whales ever since SilkRoad was seized?
- bufferoverflow 9y agoNot anymore, they all got auctioned off. Cheaply too, they averaged around ~$290 per bitcoin. https://www.justice.gov/usao-sdny/pr/acting-manhattan-us-attorney-announces-forfeiture-48-million-sale-silk-road-bitcoins https://www.justice.gov/usao-sdny/pr/acting-manhattan-us-att...
- charlesdm 9y agoThese coins were mostly sold off to venture capitalist Tim Draper, for $50m: https://hacked.com/tim-draper-has-made-over-110-million-since-2014-with-his-bitcoin-investment/ https://hacked.com/tim-draper-has-made-over-110-million-sinc... Might sound like a success story now, but at a certain point he was down 70% on his investment!