According to analysis firm Coinfirm, the seizure of digital assets by the United States Department of Justice (DOJ) associated with the now-defunct Silk Road has left tokens worth millions of dollars. According to Coinfirm, there are still valuable balances held on forked addresses from this wallet.
On November 5, the DOJ announced that a hacker known as Individual X had cooperated with law enforcement and agreed to relinquish control over more than $ 1 billion in bitcoin. At the time of entering the 69,370 BTC, news.Bitcoin.com reported the DOJ confirming that 1HQ3 – the address controlled by individual X also contained approximately 69,370 BCH, BTG, and BSV.
However, in its update following “a self-funded investigation”, the analyst firm claims that the “US government has apparently neglected and left this in the hands of whoever has access to the private keys of the main wallet”. While Coinfirm claims funds worth millions of dollars are still unpaid, the company has so far only released information on tokens whose total value does not exceed $ 1 million.
According to the investigation, the following digital assets were left behind by the DOJ:
- 693701 Bitcoin Diamond (“BCD”), which is currently worth approximately $ 310,000.
- 69370 Super Bitcoin (“SBTC”), which is currently worth around $ 66,000.
- 69370.11453606 Bitcoin Private (“BTCP”), which is currently worth approximately $ 11,000.
After cooperating with the US authorities, “Individual X walked away from the incident without facing criminal prosecution,” according to Coinfirm. It remains to be seen whether this latest revelation (if confirmed) will result in any changes in Individual X’s agreement.
Meanwhile, Coinfirm claims that its crypto tracing efforts have identified dozens of cases where law enforcement authorities may have unknowingly left large funds accessible to suspects instead of counting and reporting. enter these assets correctly.
Do you agree with Coinfirm that the DOJ left tokens worth millions of dollars after the Silk Road seizure? Let us know what you think in the comments section below.
Image credits: Shutterstock, Pixabay, Wiki Commons