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Bitcoins Seized In Drug Bust

First time accepted submitter Salo2112 writes "In a case believed to be the first of its kind, federal authorities have seized a Charleston man's virtual currency due to an alleged drug law violation with possible links to a shadowy online black market. From the article: 'The U.S. Drug Enforcement Administration recently posted a forfeiture notice indicating that agents had seized 11.02 Bitcoins worth $814 from 31-year-old Eric Daniel Hughes for allegedly violating the federal Controlled Substances Act. No other details were provided.'"

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  1. Re:It was bound to happen by HairyNevus · · Score: 3, Informative

    Actually, I didn't see the second link. After following the four links [1] [2] [3] [4] on that page (starting right under the picture) it might be that the tumbler system was exactly what they traced. I'm still trying to make heads or tails of these links in combination with this transaction provided above which seems to show the DEA account (1ETD...) sending money.

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