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US Marshals Bitcoin Blunder: Billions Lost Crypto Chaos EP410
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On this episode of SDN we discuss the US Marshals' Service Bitcoin debacle relating to the seizure of Silk Road assets in 2013, plus a second unrelated seizure in 2020. Originally valued at $33.6M the 173,991 coins would now be worth $16.5B. There was another seizure from Individual X in 2020 that was worth $955M then and would now be worth $6.59B. In both cases none of the bitcoins can be accounted for. Was it an inside job? Was it stolen in a cyberattack? Or was it just straight up incompetence? Watch this video to find out what we know.
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