Bitcoin wallet seized by mysterious intelligence still contains millions of dollars

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• Bitcoin wallet seized by mysterious intelligence still contains millions of dollars

Reports have claimed that US government officials are leaving millions of dollars in illegal Bitcoin funds accessible to criminals in wallets they allegedly seized, including the mysterious €1 billion wallet that suddenly reappeared earlier this year. this month. -this. On November 5, a Bitcoin wallet containing almost €1 billion was suddenly emptied after sleeping for almost five years. Soon after, the US government confirmed that it had seized the funds and announced that they were connected to the now-defunct Silk Road online marketplace. Now, Coinfirm has discovered that there were still significant sums being held at forked addresses that were still accessible by the wallet owner, identified only as 'individual X'.

Spend

There are reports that the owner of the master wallet's private keys may still have access to the following funds:

• 693701 Bitcoin Diamond (BCD), currently worth around €310,000
• 69370 Super Bitcoin (SBTC), currently worth around €66,000
• 69370.11453606 Bitcoin Private (BTCP), which is equivalent to approximately €11,000

It is unclear why the US government overlooked these funds, either by oversight or deliberation, but in any case, it highlights the difficulty of cracking down on illegal Bitcoin activities. In addition to forked addresses, there are also currency forks, as well as completely separate cryptocurrencies to keep an eye out for. However, it should be noted that cryptocurrencies are not illegal per se and have many legitimate uses. That being said, despite the increase in Bitcoin's value this year, it could still benefit from more common applications. The recent announcement that PayPal now accepts cryptocurrency to buy and sell should also help. Via Coinfirm