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Michael Scally MD said:
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The 69,370.22491543 seized Bitcoin is today worth approximately (November 22, 2020):

$1.27 billion
(69,370.22491543 x 18,270 = $1,267,394,009.20)

But it was worth much less on the day Ross Ulbricht arrested (October 1, 2013):

$8.7 million
(69,370.22491543 x 125.49 = $8,705,269.52)
 

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FR0Z3N_B0MB34 said:
What do you mean with auction? Dont bitcoins have a fixed price?
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Yes, there is a going market rate. But it is not always easy to buy and sell 10s of millions (or 100s of millions) or dollars worth of BTC.

Bidders could pay a premium or a discount at an auction.

For example, Tim Draper reportedly paid a premium for $17 million worth of bitcoin when the U.S. Marshals Service auctioned off an earlier stash of btc seized from Silk Road.

It was probably still a better deal than if he attempted to make the same purchase on the open market.
 
Thanks guys for your answers... i feel so bad for Ross...i supported his mom’s petition last year, whatta sad world... there is no justice... he had a life sentence for commissioning a legitimate homicide, and for creating a web site... lot of people do way fuckin worse stuff and are still unpunished.. lot of politicians , lot of mafia people and so on...
 
IWANTORAL(S) said:
How do people stay safe on the darknet these days? Tor and a VPN can't be sufficient anymore
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Tor+vpn+ encryption for every message+using different public WiFi locations. Also you need to hide your identity to a T. This means not using any username or passwords linked to any clear net alias’s. Also changing your username and password and Wickr often is never a bad idea. As a vendor you need to be careful how and where you drop packs and make sure you leave no fingerprints or hair on packages etc. also going to new drops every time you drop because LE will order from you and check tracking to see where the pack was dropped and post up waiting for you to drop the next one they buy.
As a buyer you really just need to use encryption for your messages so if a vendor or market gets seized they won’t be accessible. Typically they aren't looking for buyers unless it’s large quantity and if you’re buying bulk you need to have separate drops that you don’t live at to avoid being arrested. We’ve learned over the years that when they really want to find someone it’s very hard to avoid. Your OPSEC has to carry on to everyday life far beyond just your internet usage.
sorry I’m late I’m digging through old threads again :)
 
FR0Z3N_B0MB34 said:
I signed and paid some bucks for her mom’s petition, maybe just said in this thread... this world needs to be burned
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I signed it also... I didn't know you could donate though. On one hand, I would like to help her fight for her cause... On the other, it really does feel like a lost cause.

The comparison the podcast makes to the fact that Ross was given double the prison time as El Chapo is unbelievable to me. To be fair, I don't know if it really makes that much of a difference since we're comparing life sentences to double life sentences but still... The criminal justice system in this country is pitiful.
 
Eman said:
I signed it also... I didn't know you could donate though. On one hand, I would like to help her fight for her cause... On the other, it really does feel like a lost cause.

The comparison the podcast makes to the fact that Ross was given double the prison time as El Chapo is unbelievable to me. To be fair, I don't know if it really makes that much of a difference since we're comparing life sentences to double life sentences but still... The criminal justice system in this country is pitiful.
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It’s sad and I’m a fan of Ross so I signed it as well but a big reason was because he had contacted a murder for hire vendor that was the feds, he had suspicions that his partner was stealing from him and he had sent messages to them saying “make it slow and painful” etc. the justice system is ass backwards but a case like that is pretty hard to beat and the fact he was running silkroad gave them all the reason in the world to book his ass. They originally hit him with so many charges it was outrageous. They really did treat this man like el chapo, and to my generation, he kinda was lol minus the savageness.
 
BigDaddyV said:
It’s sad and I’m a fan of Ross so I signed it as well but a big reason was because he had contacted a murder for hire vendor that was the feds, he had suspicions that his partner was stealing from him and he had sent messages to them saying “make it slow and painful” etc. the justice system is ass backwards but a case like that is pretty hard to beat and the fact he was running silkroad gave them all the reason in the world to book his ass. They originally hit him with so many charges it was outrageous. They really did treat this man like el chapo, and to my generation, he kinda was lol minus the savageness.
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The chat log where he allegedly pulled a murder for hire was never presented at trial nor was it ever charged with anything of the like... Further, multiple federal officers were later arrested on corruption charges who were involved in the case. I'm a bit iffy on whether Ross himself ever actually attempted to have someone killed because too much of that allegation doesn't really make sense when it got to court and was suddenly swept under the rug...
 
Eman said:
The chat log where he allegedly pulled a murder for hire was never presented at trial nor was it ever charged with anything of the like... Further, multiple federal officers were later arrested on corruption charges who were involved in the case. I'm a bit iffy on whether Ross himself ever actually attempted to have someone killed because too much of that allegation doesn't really make sense when it got to court and was suddenly swept under the rug...
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Interesting.
I’m just thinking that all that shit made them want to make an example out of him.
I wasn’t aware of the corruption charges. Though I assumed they violated rights attempting to catch him
 
BigDaddyV said:
Interesting.
I’m just thinking that all that shit made them want to make an example out of him.
I wasn’t aware of the corruption charges. Though I assumed they violated rights attempting to catch him
Click to expand...
One of the corruption charges was against a secret service agent who stole bitcoin, a theft which, ironically, got blamed on one of the "employees," which was the first person that the "mentor" convinced Dread Pirate Roberts to kill.

LOL!

Read the article in post#56. It really is an interesting read.

It is like the government created the entire problem . . .
 
malfeasance said:
One of the corruption charges was against a secret service agent who stole bitcoin, a theft which, ironically, got blamed on one of the "employees," which was the first person that the "mentor" convinced Dread Pirate Roberts to kill.

LOL!

Read the article in post#56. It really is an interesting read.

It is like the government created the entire problem . . .
Click to expand...
Never trust someone who knows a guy that knows a guy that gets shit done lol
Good find man I didn’t know all that, it really is a mysterious case. Hopefully this actually leads to Ross seeing freedom.
the shitty thing is that he hired this dude for multiple other jobs, maybe if it was just the one murder he’d have a good chance here but the fact that he wanted to have 4 more people killed after kinda fucks things up for him
 

View: https://twitter.com/nickbilton/status/1339992887002419206?s=20


Perspective from the author "American Kingpin: The Epic Hunt for the Criminal Mastermind Behind the Silk Road":

'"I find it reprehensible that people on social media are so adamant that Ulbricht should be freed because he performed his crimes from behind a computer. That a Black man—without a smattering of Ulbricht’s power, resources, education, or support network—will spend the next two and a half decades of his life in prison for committing a fraction of the crimes that Ulbricht engaged in is not a part of that discussion, and that, to me, is an argument of privilege. If Ulbricht’s supporters really cared about the war on drugs or libertarian ideals, they’d be demanding that the nearly half a million people currently in U.S. jails for drug offenses should be pardoned too."

Source: “You Are a Criminal”: The Double Standard of a Trump Pardon for Silk Road Founder Ross Ulbricht
 
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