Is the United States Selling the Silk Road Bounty?
“The Silk Road moderator Gary Davis, aka Libertas, is officially free on bail and awaiting an extradition hearing on February 13. Irish and U.S. authorities arrested Davis on December 20 in an international operation that also nabbed Silk Road moderators Andrew Jones, aka Inigo, and Peter Phillip Nash, aka SameSameButDifferent.”
This is leading some to believe that the sell off in the markets today can be attributed to the selling of the bitcoins in these wallets.
“A source in the DoJ said “authorities” have access to the Ulbricht’s bitcoin cache and may be selling it off for less volatile currencies”
— Adam Rothstein (@Interdome) January 8, 2014
This idea that the government has lost faith in Bitcoin is a farce, in my opinion. And I looked at both wallets (here and here), but I do not see the movement out of the wallets. Things are not adding up. Maybe a better informed reader can point us in the right direction.