#AceWorldNews says the Manhattan US Attorney’s office announced Thursday the forfeiture of nearly 30,000 bitcoins that were seized from the Silk Road, an on-line bazaar for illicit materials such as illegal drugs and weapons. The FBI shut down Silk Road in October. That amount of the crypto-currency is worth around US$28 million, as of Thursday’s rates, and according to officials represents the largest ever forfeiture of the currency.
“We have not yet determined exactly how the bitcoins will be converted and liquidated,” said Manhattan US Attorney Office spokesperson Jim Margolin. Charges against Silk Road owner and operator Ross William Ulbricht include one count of narcotics conspiracy, one of count of conspiracy to commit computer hacking, and one count of money laundering conspiracy.
#AceWorldNews says Pakistan’s former President Pervez Musharraf needs to go to the US for further medical treatment following a heart scare, his lawyer said. A doctor in the US who has treated Musharraf in the past has advised that the former president be transferred to the US following recent heart problems, AP quoted the attorney, Anwar Mansoor Khan, as saying. Musharraf is on trial for high treason.