Bitcoin Investment Fund Seeks to Buy 27K Seized Silk Road Bitcoins From FBI

Bitcoin Investment Fund Seeks to Buy 27K Seized Silk Road Bitcoins From FBI

Brett Stapper Source: Falcon Global Capital. A bitcoin investment fund by the name of Falcon Global Capital is looking to buy bitcoin from the FBI - 27,000 BTC, in fact. The bitcoins are those seized from the Silk Road bust late last year, and are worth just under $15 million at the present exchange rate. According to Brett Stapper, co-founder of the fund (which describes themselves as an "SEC Regulation D Private Investment Fund that invests solely in the Bitcoin markets"), the FBI hasn't yet approved or denied the firm's offer. Stapper notes that Falcon's lawyers are calling daily to....


Related News

The Majority of Dread Pirate Roberts' Bitcoins Remain Unseized

Check out this article from The Guardian. Majority of Silk Road's Bitcoins may remain unseized. Four-fifths of the income received by the Silk Road boss, Dread Pirate Roberts (DPR), has not been seized by FBI, research shows. The supposed one-fifth of Silk Road's bitcoins that have been seized are held at this wallet by the FBI: 1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX. It is great fun to read through all the transaction notes, angry rantings, loan requests, etc that people are sending to the publicly viewable address. These bitcoins were seized from the Silk Road but they were not seized from....

US Seized More Than $1B in Silk Road-Linked Bitcoins, Seeks Forfeiture: Bloom...

The seizure on Tuesday, tied to the Silk Road marketplace, is reported to be the largest the U.S. has ever effected

A Look at ‘Individual X’ and the Seized Stash of Silk Road Bitcoins Worth $1 ...

On November 3, 2020, the cryptocurrency community noticed that one of the largest addresses holding 69,369 bitcoins from the Silk Road were transferred. Following the onchain movement, the U.S. government revealed it had seized the coins from a person they dubbed “Individual X.” The following is an in-depth look at what we know about the Silk Road bitcoin address that was seized by U.S. law enforcement. This week on election day in the U.S., American law enforcement officials seized 69,369 bitcoins worth over $1 billion today. The bitcoin address is a well known address and....

Is the NSA Baiting the Shadow Brokers with Seized Bitcoin?

According to a recent post from crypto-blogger Krypt3ia, the wallet of the Shadow Brokers group who are auctioning NSA hacking tools, has been receiving the very same bitcoin that was seized from Silk Road. Shadow Brokers Wallet ‘Tested’ by Seized Silk Road Bitcoins. Last week, Krypt3ia stated that the Shadow Brokers are getting small amounts of....

Peter Ward, AKA PlutoPete, Is Trying To Legally Reclaim Bitcoins From FBI's Silk Road Seizure

Back in October many of the trolls and ents of Reddit muttered and mumbled to themselves about joining together in a class action lawsuit to claim pieces of the 29000 Bitcoins seized by the FBI on October 2nd, 2013. The 29,000 Bitcoins taken from Silk Road servers on that day belonged to the international motley crew of buyers and sellers on Silk Road. Many of those Bitcoins were tied up in escrow in ongoing deals, or simply sitting in the accounts of buyers and sellers waiting for withdrawal or use. Nothing came of all the hubbub raised by Silk Road users about their Bitcoins being swept....