Silk Road Founder Ross Ulbricht to Forfeit $3 Billion in BTC; Extinguishes Debt to Government - BitcoinEthereumNews.com
The incarcerated founder of the now-defunct dark web marketplace, Silk Road, Ross Ulbricht, is going to forfeit his claim to Bitcoin worth about $3 billion in fulfillment of the $183 million debt owed to the US government. हाल ही में एक कोर्ट दाखिल revealed Ulbrichts digital asset holdings to include Bitcoin, बिटकॉइन कैश, बिटकोइन एसवी, तथा बिटकॉइन गोल्ड. The Justice Department seized the funds in 2020 from a hacker who exploited Silk Road before it shut down and moved the BTC to a private बटुआ in 2013 – five years after Ulbricht was sentenced to life without parole. The 69,370 BTC जब्त at that time of the Silk Roads closure are now worth close to $3 billion. The Silk Road marketplace is commonly referred to as the first dark web marketplace and operated from 2011 till the FBI shut it down in 2014. During that time, it facilitated the sale of several illegal items such as drugs, weapons, and other illegal activities. In 2021, the Justice Department decided to make a deal with him which saw him forfeit any claim he might have to the funds. In exchange, the department will pay his restitution when the Bitcoin is auctioned. According to the court filing: The parties