Ulbricht Admits Seized Bitcoins Are His and Wants Them Back

An anonymous reader writes with the latest news about the aftermath of the Silk Road shutdown "From the article: 'Ulbricht ... said in a notarised December 11 statement that he believes the virtual currency should be returned to him because Bitcoins are "not subject to seizure" by federal law. Ulbricht, 29, now admits the Bitcoin fortune is his — even though he's previously denied any wrongdoing regarding Silk Road and claimed through his lawyer that the feds arrested the wrong guy.' So not only has he now confirmed his link to the site, and confirmed the money is his, but also means that a few precedents will be set. Is it seizable? Is it just 'copying data?'" Relatedly, three alleged moderators of Silk Road were indicted on Friday.

Comments

Re:The master owns everything, including your *LIF

[anagama]

And, while I agree that the ATF has badly bungled the whole Waco fiasco, I have zero compassion for religious nuts.

I'm an atheist and I shake my head at the incredulity of religious belief. But being a religious nut should not rule out people from being treated with compassion, even if only out of sense of enlightened self-interest.

The Feds killed a bunch of innocent people at Waco, including kids. The direct blowback from this was Timothy McVeigh who had no qualms blowing up a building including a day care center under the notion that anyone who worked for the Federal Government, including their families, was complicit in the Waco atrocity/debacle/fuckup/whatever. And while I'm also intentionally child-free, and particularly immune from "think of the children" arguments, the bombing of the Murrah Building should give both sides reason to think that there are consequences for being vicious thugs, because some people take kids pretty seriously, and that has repercussions.

I feel bad for the people who died at Waco at the hand of an overbearing government agency, for those who died in the Murrah Building bombing at the hands of some vengeful idiots, and for those vengeful idiots who were executed as a result their misplaced sense of justified retribution. All of the people caught in the crossfire died tragically, and all that death and destruction could have been easily avoided if the government hadn't been so arrogant and if the Murrah Building bombers hadn't likewise been so arrogant. And that starts with treating people as something more than meat to slaughter, even if they are religious.