Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183M Debt
Silk Road creator Ross Ulbricht will see his $183 million debt to the U.S. government wiped out following the seizure of $3 billion in bitcoin. Original Source
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Silk Road Founder Ross Ulbricht, Who Proved the Case for Bitcoin, Can Do So for NFTs
Now, his latest auction might demonstrate the same utility for NFTs. At heart, NFTs are a way to prove the uniqueness of particular digital items. They are mostly used for in-game items and art, but have applicability across the internet. Like with bitcoin, the idea is that anyone can use,
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Ross Ulbricht Loses Bid to Dismiss Federal Silk Road Suit
With the motion to dismiss all charges rejected, the case is now expected to move to trial with a 3rd November start date. Ulbricht, who has plead not guilty, faces life behind bars for charges that also include computer hacking and continued criminal enterprise, the latter of which carries a minimum sentence
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Movie based on darknet market Silk Road premiering in February
Silk Road founder Ross Ulbricht’s story is coming to the silver screen in 2021 following an announcement from major entertainment company Lionsgate.According to Deadline, Lionsgate has acquired the rights to the Silk Road movie and plans to release the feature in theaters and online starting on Feb. 19. The film
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China’s Xi Asks ASEAN Nations to Join in Building of ‘Digital Silk Road’
Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-ASEAN Expo on Friday. Source
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Blockchain Bites: Bitcoin at $15K, $1B Silk Road Bust
Bitcoin’s price keeps climbing amid election uncertainty. Wasabi Wallet will offer automatic, privacy-preserving CoinJoins in its coming upgrade. A major Russian power provider is entering into a bitcoin mining joint venture.Top shelf$1B BTC forfeitureThe U.S. government is suing for the forfeiture of thousands of bitcoins, totaling more than $1 billion,
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US Seized More Than $1B in Silk Road–Linked Bitcoins, Seeks Forfeiture: Bloomberg
The seizure on Tuesday, tied to the Silk Road marketplace, is reported to be the largest the U.S. has ever done. Source
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Nearly $1B in Bitcoin Moves From Wallet Linked to Silk Road
A wallet possibly belonging to early darknet market Silk Road moved almost $1 billion-worth of bitcoin early on Wednesday. Source
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$1B of Bitcoin from Silk Road wallet moves for first time since 2015
An anonymous crypto user has just moved 69,370 Bitcoin from an address associated with the Silk Road darknet market, that more recently has become a popular hacking target. According to a Nov. 3 report from crypto intelligence firm CipherTrace, the recent movement involving two transactions adding up to 69,370 Bitcoin
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DeFi Still Needs a Silk Road Moment
Mainstream criminal adoption would prove that decentralized finance (DeFi) is building tools with real utility, because if there’s any one group that is both underserved in its access to sophisticated financial products and willing to pay huge premiums to acquire them, it’s criminals. The Silk Road was launched in February of
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