{"id":54533,"date":"2021-02-10T09:02:46","date_gmt":"2021-02-10T09:02:46","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=54533"},"modified":"2021-02-10T09:02:46","modified_gmt":"2021-02-10T09:02:46","slug":"seized-silk-road-bitcoin-worth-3-billion-likely-linked-to-disgraced-us-secret-service-agent","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=54533","title":{"rendered":"Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent"},"content":{"rendered":"<p><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"$3 Billion Worth in Bitcoin Seizure in Silk Road Case Likely Linked to Disgraced US Secret Service Agent\" loading=\"lazy\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent-760x428.jpg 760w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/3-billion-worth-in-bitcoin-seizure-in-silk-road-case-likely-linked-to-disgraced-us-secret-service-agent.jpg 1280w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\"><\/p>\n<p><strong>Over $3 billion worth in bitcoin seized by the U.S. Department of Justice (DOJ), belonging to Silk Road, are likely linked to a former U.S. Secret Service agent. The latest findings suggest that \u201cIndividual X\u201d is, in fact, Shaun Bridges.<\/strong><\/p>\n<h2>Bridges Is Set to Be Freed in November<\/h2>\n<p>Per recent court filings, cited by <a href=\"https:\/\/fortune.com\/2021\/02\/08\/bitcoin-3-billion-seizure-silk-road-federal-agents-cryptocurrency-individual-x\/\">Fortune<\/a>, the 69,370 bitcoins taken by the law enforcement also have possible ties with Carl Mark Force IV, a former official from the Drug Enforcement Administration (DEA). Both agents were part of the investigations related to the now-defunct darknet marketplace.<\/p>\n<p>Although the report cannot be taken as a legal confirmation of Bridges\u2019 relation with the <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a> seized, Fortune pointed out that some clues in a DOJ statement shed some light about it:<\/p>\n<blockquote>\n<p>Individual X was able to hack into Silk Road and gain unauthorized and illegal access to Silk Road and thereby steal the illicit cryptocurrency.<\/p>\n<\/blockquote>\n<p>It\u2019s worth noting that the disgraced U.S. Secret Service agent was convicted for using an informant\u2019s credentials in the Silk Road case to steal <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a> from the vendors. He got a sentence of 71 months in prison in 2015.<\/p>\n<p>Afterward, Bridges served an additional two-year sentence in 2017 after pleading guilty to money laundering charges. He\u2019s expected to be a free man in November 2021, as he\u2019s still in a Nashville federal prison.<\/p>\n<p><!-- growjs zone placement 31 --> <ins> <ins class=\"growjs-placement\"><\/ins> <\/ins> <!-- end of growjs zone placement --> <\/p>\n<h2>Disgraced US Agent Likely Has Secret Crypto Wallets<\/h2>\n<p>However, more clues arose during the whole case after some reports made the headlines in 2016. Bridges planned unsuccessfully to <a href=\"https:\/\/www.wired.com\/2016\/02\/corrupt-silk-road-investigator-re-arrested-trying-to-flee-the-us\/\">flee<\/a> the country, as he tried to apply for citizenship in foreign countries.<\/p>\n<p>Fortune says such a flight plan could suggest that he might have other secret crypto wallets to fund its escape.<\/p>\n<p>As of now, the \u201cIndividual X\u201d wallet contains a similar amount \u2014 of the <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a> <a href=\"https:\/\/news.bitcoin.com\/us-seizes-undetected-silk-road-bitcoins-billion\/\">seized<\/a> \u2014 in other cryptos such as bitcoin cash (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\" target=\"_blank\" rel=\"noopener\">BCH<\/a>), bitcoin gold (BTG), and bitcoinsv (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BSV\" target=\"_blank\" rel=\"noopener\">BSV<\/a>).<\/p>\n<p>According to court filings, Ross Ulbricht \u2014 who the U.S. government claims is the mastermind behind Silk Road and currently spends a double life imprisonment sentence \u2014 stated that he wouldn\u2019t take any legal claims <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a> seized.<\/p>\n<p>Our newsdesk <a href=\"https:\/\/news.bitcoin.com\/a-look-at-individual-x-and-the-seized-stash-of-silk-road-bitcoins-worth-1-billion\/\">published<\/a> in November 2020 an in-depth outlook about the Silk Road bitcoin address that was seized by the U.S. authorities.<\/p>\n<p><em><strong>What do you think about a possible link between disgraced Secret Service agent and Silk Road\u2019s bitcoins seized? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over $3 billion worth in bitcoin seized by the U.S. Department of Justice (DOJ), belonging to Silk Road, are likely linked to a former U.S. Secret Service agent. The latest findings suggest that \u201cIndividual X\u201d is, in fact, Shaun Bridges. Bridges Is Set to Be Freed in November Per recent court filings, cited by Fortune, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":54534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-54533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/54533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54533"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/54533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/54534"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}