<story><title>FBI struggles to seize 600,000 Bitcoins from alleged Silk Road founder</title><url>http://www.theguardian.com/technology/2013/oct/07/fbi-bitcoin-silk-road-ross-ulbricht</url></story><parent_chain><item><author>DennisP</author><text>Accused, not convicted, and if he&amp;#x27;s got funds in a brainwallet he can afford a team of good lawyers.</text></item><item><author>bradleyjg</author><text>He&amp;#x27;s accused of at least two capital crimes. What makes you think he&amp;#x27;ll ever get out prison?&lt;p&gt;I imagine that turning over the bitcoins will be a condition of the near inevitable plea bargain.</text></item><item><author>appleflaxen</author><text>Right after the DPR bust there was a lot of discussion about how it was a death knell for bitcoin, but this is exactly why it&amp;#x27;s such a revolutionary type of technology: if DPR had any currency in a paper wallet, he could simply print it out, put it in a safe deposit box, and pick it up once he is out of prison.&lt;p&gt;For a currency to be so secure that a state cannot seize it from a citizen is unprecedented.&lt;p&gt;It will be fascinating to see how this plays out.</text></item></parent_chain><comment><author>Cthulhu_</author><text>That is, if he can convert his e-money into real money; I doubt lawyers would accept bitcoins, certainly when they&amp;#x27;re about to work for the guy whose site played an important part in the rise and valuation of bitcoins.</text></comment>
<story><title>FBI struggles to seize 600,000 Bitcoins from alleged Silk Road founder</title><url>http://www.theguardian.com/technology/2013/oct/07/fbi-bitcoin-silk-road-ross-ulbricht</url></story><parent_chain><item><author>DennisP</author><text>Accused, not convicted, and if he&amp;#x27;s got funds in a brainwallet he can afford a team of good lawyers.</text></item><item><author>bradleyjg</author><text>He&amp;#x27;s accused of at least two capital crimes. What makes you think he&amp;#x27;ll ever get out prison?&lt;p&gt;I imagine that turning over the bitcoins will be a condition of the near inevitable plea bargain.</text></item><item><author>appleflaxen</author><text>Right after the DPR bust there was a lot of discussion about how it was a death knell for bitcoin, but this is exactly why it&amp;#x27;s such a revolutionary type of technology: if DPR had any currency in a paper wallet, he could simply print it out, put it in a safe deposit box, and pick it up once he is out of prison.&lt;p&gt;For a currency to be so secure that a state cannot seize it from a citizen is unprecedented.&lt;p&gt;It will be fascinating to see how this plays out.</text></item></parent_chain><comment><author>skwirl</author><text>Apparently not.  He is being represented by a public defender.</text></comment>