The Drug Enforcement Agency has seized 11.02 Bitcoins -about $800â – from a drug dealer in South Carolina who had been using Silk Road. It’s the first (known) time the government has taken control of the virtual currency like it were property or real-world cash.
Quick updated on that one DEA seizure of Bitcoins that I mentioned in the last post. Sounds like this guy in particular was a moron about it. Nevertheless, it’s relevant to the discussion.