Tag: online black market

How Did Federal Agents Recover Bitcoin

When federal agents seized a large cache of Bitcoin from an illegal online marketplace in October 2013, they had to come up with a way to recover the cryptocurrency. At the time, Bitcoin was still a relatively new and untested digital currency. Agents had to come up with a plan to access the Bitcoin and […]

How Did Doj Recover Bitcoin

How Did Doj Recover Bitcoin In February of 2014, the FBI seized around 26,000 bitcoins from the online black market Silk Road. The bitcoins were worth around $3.6 million at the time. In October of 2017, the FBI announced that they had successfully sold the bitcoins, earning a total of $48 million. The FBI originally […]