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Re:Meet the Dread Pirate Roberts, the man behind Silk Road by nobodysfool on Wednesday August 14, 2013 @04:22PM (#6213977)
Not to mention, the dude had to have money (even before taking this over) if he said the previous owner was "well compensated".
Re:Meet the Dread Pirate Roberts, the man behind Silk Road by betterunix on Wednesday August 14, 2013 @05:04PM (#6214254)
There is no guarantee that the money is actually available to him. He probably has most / all of it tied up in Bitcoin, and is probably using only small amounts at a time via exchanges.

It is the classic mafia problem. Yes you can make lots of money on the black market, but it is useless if spending means getting caught. Hence money laundering.

Re:Meet the Dread Pirate Roberts, the man behind Silk Road by dobbsbob on Wednesday August 14, 2013 @05:07PM (#6214282)
This was interesting too, since I always assumed one of the big vendors on the site bought him out but clearly not thanks to his helpful talking.

I bet he raised the money through a group loan, fund or he runs a coin mixing service/mining pool. something that would give you expertise in setting up secure wallets. This is why saying anything is bad unless it's for misinformation only.

DPR clearly hasn't seen the weev court docs where everything he wrote on IRC was used against him to cement a flimsy case

Re:Meet the Dread Pirate Roberts, the man behind Silk Road by armenarmen on Wednesday August 14, 2013 @07:20PM (#6215111)
flip side, it could have been a down payment then an 'earn-out' where the former DPR took xx% of revenue until the debt was paid off.
Re:Meet the Dread Pirate Roberts, the man behind Silk Road by pests on Wednesday August 14, 2013 @05:01PM (#6214229)
I thought the article said he worked along side of the original owner for some time before buying him out with his share? Or did I misread that part?