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The article refers to a "26k BTC fortune", which was confiscated, while the complaint against Ross said the total SR commissions were 614,305 BTC (https://en.wi
by anfedorov 13y ago
The article refers to a "26k BTC fortune", which was confiscated, while the complaint against Ross said the total SR commissions were 614,305 BTC (https://en.wikipedia.org/wiki/Silk_Road_(marketplace)#Site_statistics https://en.wikipedia.org/wiki/Silk_Road_(marketplace)#Site_s...).
- jonknee 13y agoExactly. That severely overstates the revenue taken in as SR was in business for quite some time before BTC was worth much. SR started in early 2011 when 1 BTC was worth less than $1. Hosting alone would have taken many tens of thousands of dollars a month a today's exchange rates.