Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent – News Bitcoin News

Bitcoin.com

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 “Individual X” is, in fact, Shaun Bridges.

Bridges Is Set to Be Freed in November

Per recent court filings, cited by Fortune, 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.

How To Get Free Crypto  

Although the report cannot be taken as a legal confirmation of Bridges’ relation with the BTC seized, Fortune pointed out that some clues in a DOJ statement shed some light about it:

Individual X was able to hack into Silk Road and gain unauthorized and illegal access to Silk Road and thereby steal the illicit cryptocurrency.

It’s worth noting that the disgraced U.S. Secret Service agent was convicted for using an informant’s credentials in the Silk Road case to steal BTC from the vendors. He got a sentence of 71 months in prison in 2015.

Afterward, Bridges served an additional two-year sentence in 2017 after pleading guilty to money laundering charges. He’s expected to be a free man in November 2021, as he’s still in a Nashville federal prison.

Disgraced US Agent Likely Has Secret Crypto Wallets

However, more clues arose during the whole case after some reports made the headlines in 2016. Bridges planned unsuccessfully to flee the country, as he tried to apply for citizenship in foreign countries.

Coinbase Banner  

Fortune says such a flight plan could suggest that he might have other secret crypto wallets to fund its escape.

As of now, the “Individual X” wallet contains a similar amount — of the BTC seized — in other cryptos such as bitcoin cash (BCH), bitcoin gold (BTG), and bitcoinsv (BSV).

According to court filings, Ross Ulbricht — who the U.S. government claims is the mastermind behind Silk Road and currently spends a double life imprisonment sentence — stated that he wouldn’t take any legal claims BTC seized.

Our newsdesk published in November 2020 an in-depth outlook about the Silk Road bitcoin address that was seized by the U.S. authorities.

FreeBitcoin Banner  

What do you think about a possible link between disgraced Secret Service agent and Silk Road’s bitcoins seized? Let us know in the comments section below.

Tags in this story

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Go to Source
Author: Felipe Erazo


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.