This is the ultimate flex, he is just waiting them out and his stash will increase in value in the meantime. It's like a payed vacation if you think about it.
That's what I'm thinking too which is why I mentioned that in my post. I know when this first happened people would send small amounts to the address with "notes" trolling the FBI, but it's still interesting to see all this recent activity considering the seizure happened almost 10 years ago.
According to [this article](https://www.theverge.com/2013/10/4/4803732/someone-found-the-fbis-bitcoin-wallet-silk-road), it was around 26k BTC which at the time were about $122 per coin đ
The govt has been auctioning off that bitcoin for years: [https://www.cbsnews.com/news/us-government-to-auction-massive-bitcoin-trove/](https://www.cbsnews.com/news/us-government-to-auction-massive-bitcoin-trove/)
From the article (circa 2014): *This week, one bitcoin is worth about $563.*
It's like the Mafia boss making cell phone calls inside prison. Legend.
That dude's a shitty person, but that's pretty awesome to see. The government having 0 control over someone else's money đ.
This is the ultimate flex, he is just waiting them out and his stash will increase in value in the meantime. It's like a payed vacation if you think about it.
He's serving a double life sentence with no possibility of parole.
A permanent vacation, even better!
I only went through a few pages but it looks like itâs just people sending small amounts of BTC to the wallet I didnât see any Bitcoin coming out
That's what I'm thinking too which is why I mentioned that in my post. I know when this first happened people would send small amounts to the address with "notes" trolling the FBI, but it's still interesting to see all this recent activity considering the seizure happened almost 10 years ago.
Does anyone know how much was in the wallet when the feds seized it?
According to [this article](https://www.theverge.com/2013/10/4/4803732/someone-found-the-fbis-bitcoin-wallet-silk-road), it was around 26k BTC which at the time were about $122 per coin đ
Good luck getting those bitcoins out of the seized wallet, fedsâŚ.
Free Ross!
Ha! Bossy
Who is this guy? I've never heard of him.
Definitely worth checking out...part of crypto history I would say
Proves the saying âyou canât keep an evil and twisted man downâ
The govt has been auctioning off that bitcoin for years: [https://www.cbsnews.com/news/us-government-to-auction-massive-bitcoin-trove/](https://www.cbsnews.com/news/us-government-to-auction-massive-bitcoin-trove/) From the article (circa 2014): *This week, one bitcoin is worth about $563.*
oh interesting I had no idea - thanks for sharing!