If this were a transfer of ownership, it would trigger the reporting requirements of any country that has reporting laws. The odds are overwhelming that it is

If this were a transfer of ownership, it would trigger the reporting requirements of any country that has reporting laws. The odds are overwhelming that it is not a transfer of ownership, but if it is, here are some guesses: 1) The feds have finally cracked wallet(s) used by Silk Road, or he managed to give his keys to someone (he had a bail hearing today - it's an odd coincidence); 2) Drug cartels are now accepting BTC for major payments; or 3) Macau-based junket operators, that provide casino credit to Chinese gamblers because they cannot easily move money out of China, have begun accepting it for payment. Personally, I think it was just one of the exchanges moving some money internally.