Feds are free to sell seized Silk Road bitcoins worth $25 million

Tibanne CEO Mark Karpeles At Mt.Gox Bitcoin Exchange And Bitcoin Images

The U.S. Marshals will likely auction off the Bitcoins.

The online drug bazaar, Silk Road, was taken down this past October by the feds.  Nearly, 30,000 bitcoins in Silk Road’s coffers was seized in the process.  Last week, the Manhattan U.S. Attorney’s office, which is prosecuting the Silk Road case, announced that a judge had signed off on a forfeiture order for those coins. That means they’re now free to get rid of the 29,655 bitcoins, worth about $25 million at Bitcoin’s current $850 value.

 

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The Pirate Bay wants to use drones to put its servers in the sky

pirate bay 213456u

Finding new ways to fend off the feds.

Here’s something that’s so crazy it might be considered genius: the Pirate Bay wants to move its servers—the same servers that draw the ire of the feds—up in the air by using GPS controlled drones. It’s a move to stay ahead of every organization that’s on the Pirate Bay’s tail.

It’s also so crazy that it might be The Pirate Bay joking around, right? Right? Maybe? Who cares! The idea that the Pirate Bay detailed was to launch drones carrying the servers that redirected your traffic to servers in a secret location into the sky. This way, if law enforcement organizations wanted to take the servers down, they would need to use plans to literally “take them out”. The Pirate Bay hilarious says it would be “a real act of war”. What if the drone was over international waters? Who could stop The Pirate Bay then!

TPB’s plans aren’t set yet but the Pirate Bay said..

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