US DOJ Seizes One Billion From Bitcoin Account

IRS used a third part firm to analyze bitcoin transactions.70k bitcoins
BBC
 
Owner apparently stole these from Ulrich was his name that ran the Silk Road bazaar.
 
How can they seize it though? Unless they have the owners permission
Nope it’s impossible
You can’t break the blockchain unless you have over 51% hash power which would require enourmous resources
Backdoor
They stole the key
Momentarily remove enough processing power to overwhelm?
Some real geniuses work for the gov in black arts
 
Breitbart
An agreement between the hacker that ripped off Silk Road and the gov.
They must have some other counts against him.
 
Breitbart
An agreement between the hacker that ripped off Silk Road and the gov.
They must have some other counts against him.
Ya that makes more sense
It’s a monumental feet to overtake the hash power of all the bitcoin miners in the workd
 
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