Tag: seizure Silk Road

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 […]

How Did Fbi Get Bitcoin Back

In September 2017, the FBI announced that it had successfully recovered stolen bitcoins from a former agent. The FBI’s efforts to regain the cryptocurrency began in May of that year, when agents seized a laptop from the former agent that contained a bitcoin wallet with more than $700,000 worth of the digital currency. How Did […]