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A comment on FBI raids alleged online drug market Silk Road, arrests owner. Parent comment

Re:FBI raids alleged online drug market Silk Road, arrests o... by ealloc on Wednesday October 02, 2013 @01:02PM (#6483698)
So this means the FBI now owns 600,000 bitcoins (5% of all bitcoins)? Probably more, since they also control the (presumably large number of) bitcoin stored in accounts on Silk road.

Seems like this could lead either to the legitimation or deligitimation of bitcoin as the FBI must assess their worth. It also gives the FBI the ability to mess with bitcoin markets if they choose, by flooding supply.

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Re:FBI raids alleged online drug market Silk Road, arrests o... by MichaelApproved on Wednesday October 02, 2013 @03:24PM (#6484648)
These numbers are over the lifetime of the site. I bet many of the bitcoins earned were sold/exchanged. It also includes revenue numbers which was paid out to sellers.
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