3 ms·

£490k? Is that not a slap to law enforcement that they're only able to trace half a million?

• tyingq 5y ago
  Maybe it was all the bitcoin he had left. I found this quote: "White took a hefty commission on purchases, ranging between 1% and 5% on each sale. According to investigators, approximately $96 million (£73 million) was spent on the site." So, his total commission was somewhere between £730k and £3.65M, and they noted "lavish spending" in many articles. Edit: Kind of funny that 1-5% is characterized as "hefty", compared to what legitimate marketplaces charge.
  • LocalH 5y ago
    The air of legitimacy leads some people to do heinous things without retribution.
  • jaclaz 5y ago
    >Edit: Kind of funny that 1-5% is characterized as "hefty", compared to what legitimate marketplaces charge. ... but legitimate marketplaces pay taxes ... hem, no, wait, bad argument ...
• Traster 5y ago
  An article back in 2019 said they had already seized 50 BTC from him. So that's quite a decent chunk. https://www.bbc.co.uk/news/uk-england-merseyside-47913780 https://www.bbc.co.uk/news/uk-england-merseyside-47913780