Good news! Bitcon won't be outlaw prior to DPR's trial.

Are we forgetting about Mt Gox's account that is also locked up by the USG? The more they lock up and would eventually want in their coffer, the longer Bitcoin will stay online.

How come the FBI can't get the cash?? 

A great article by Wired on how the FBI might deal (or not deal) with their seized bitcoins:

http://www.wired.com/wiredenterprise/2013/10/silk-road-bust/

Very interesting problem for them: bitcoin has already been legally declared a form of currency, but they have no government-sanctioned method of dealing with bitcoin currency.  I'm guessing it either gets sold at auction or they tear up the private key.

Yes, page 15 mentions 614,305 BTC in commissions.



Of course it's less, DPR had some expenses to cover after all, and some of those were paid when BTC was worth much less than today.

They don't see that all in one account though, but rather they calculate it based upon sales recovered from the SQL DB.

Looking fwd to see how this will play out there are few scenarious how fby can destabilize btc...

Other way around.

The Gox seizures were a US dollar Wells Fargo account ($2.1 million) and more recently a Dwolla account ($2.9 million), totalling $5 million, held by a subsidary called Mutum Sigillum LLC. Of course, "seizing" fiat digital bank accounts is a misnomer because the funds do not have an objective existence, e.g. like a private key, but are merely database entries that everyone believes have value so they do, until someone sets a flag against the database entry that signifies "seized".

I wonder what will happen to the coins (aka balances) belonging to people that were using the site for legal purchases?