Australian Government is Sitting on 24,500 Bitcoin

By March 16, 2015Bitcoin Business

Australian authorities last year seized about 24,500 Bitcoins from a Melbourne Silk Road drug dealer. Richard Pollard ran a web shop on the Silk Road website. He was accused of selling various illicit drugs between August and December, 2012. Last Friday, Richard Pollard was sentenced in the County Court of Melbourne to 11 years .

Police were monitoring Pollard’s every last move in late 2012; when they executed a search warrant on two properties they […]

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