After Years of Laying Idle, $1B Cache of Silk Road Bitcoins Suddenly Changes Hands

“Almost 70,000 bitcoins stored in the account which, like all bitcoin wallets, is visible to the public, had lain untouched since April 2013. The website was shut down by an FBI raid six months after they were deposited, and they have not moved since.”
– Technology reporter Alex Hearn, on how an idle $1B cache of bitcoins linked to the shuttered darknet market Silk Road has suddenly changed hands. An estimated 450,000 bitcoins ($7B) earned on the marketplace still remain unaccounted for.
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