2 years ago
Oliver Knight is simply a CoinDesk newsman based betwixt London and Lisbon. He does not ain immoderate crypto.
Silk Road creator Ross Ulbricht volition spot his $183 cardinal indebtedness wiped pursuing the seizure of $3 cardinal successful bitcoin connected to an unnamed Silk Road hacker, according to a court filing.
In 2015, Ulbricht was sentenced to beingness successful situation without parole. He was besides ordered to wage $183 cardinal successful restitution, a fig calculated from the full amerciable income connected Silk Road utilizing an speech complaint astatine the clip of each transaction.
Court documents successful 2020 uncover that the DOJ seized 69,370 bitcoin from a hacker that moved the trove to a backstage wallet successful April, 2013.
Ulbricht has been fixed a astonishing reprieve, with the Justice Department making a woody with him successful Feb. 2021 that forfeits immoderate assertion Ulbricht whitethorn person had to the stolen bitcoin, successful speech for the restitution to beryllium repaid erstwhile the bitcoin is sold.
"The parties hold that the nett proceeds realized from the merchantability of the [bitcoins] forfeited pursuant to this statement shall beryllium credited toward immoderate unpaid equilibrium of the Money Judgment," the tribunal filing reads.
There is presently nary acceptable day connected erstwhile the auction for the seized bitcoins volition instrumentality place.
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Oliver Knight is simply a CoinDesk newsman based betwixt London and Lisbon. He does not ain immoderate crypto.
Oliver Knight is simply a CoinDesk newsman based betwixt London and Lisbon. He does not ain immoderate crypto.
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