Feds Close Silk Road Arrest Owner Steal 26 000 Bitcoins

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On October. 2, U.S. law enforcement agencies shut down "Silk Road," an anonymous Internet marketplace on the Tor encrypted network. They arrested its alleged owner, Ross William Ulbricht, 29, Bitcoin Storm in San francisco bay area on Oct. 1, and seized 26,000 Bitcoin s from him, the largest Bitcoin seizure in customs. The Bitcoins had a rate at period of $3.2 million.

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