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Silk Road Hacker Retains Control Over Crypto Assets Even After Feds Seized $1 Billion Worth Of Bitcoin

Emily Mason

Summary: Blockchain analytics firm Coinfirm has discovered millions worth of cryptocurrencies the US Department of Justice missed when it seized $1 Billion worth of crypto from an individual they suspect played a part in hacking the infamous dark web market place The Silk Road. In a recent blog post Coinfirm reported it had found millions worth ...

Blockchain analytics firm Coinfirm has discovered millions worth of cryptocurrencies the US Department of Justice missed when it seized $1 Billion worth of crypto from an individual they suspect played a part in hacking the infamous dark web market place The Silk Road.

In a recent blog post Coinfirm reported it had found millions worth of crypto assets belonging to the mysterious hacker. The funds still belonging to the Silk Road hacker include 693,701 “Bitcoin Diamonds”, worth approximately $310,000; 69,370 “Super Bitcoin”, worth around $66,000; and 69,370 “Bitcoin Private” coins, worth roughly $11,000.

Coinfirm believes the hacker still has access to these funds, even after the DOJ retrieved $1 billion worth of Bitcoin meaning their attack on The Silk Road was still profitable. 

By Emily Mason

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