FBI nearly owns most Bitcoins

The US FBI is apparently the proud owner of the world’s largest bitcoin wallet.

After the agency allegedly shut down the Silk Road online drug marketplace, it started seizing bitcoins belonging to the Dread Pirate Roberts. The FBI said that “Roberts,” who ran Silk Road, was an American man named Ross Ulbricht.

Of course, Silk Road continues to operate and someone on that site claims to be the real Spartacus er Dread Pirate Roberts.

Nevertheless the seizure made the FBI the holder of the world’s biggest Bitcoin wallet.

According to Wired, the Untouchables control more than 144,000 bitcoins that reside at a bitcoin address that consolidates much of the seized Silk Road bitcoins. At today’s rates that is $100 million. Another address, containing Silk Road funds seized earlier by the FBI, contains nearly 30,000 bitcoins or $20 million.

The FBI can’t beat the record of bitcoin’s inventor Satoshi Nakamoto, who is estimated to have mined one million bitcoins in the currency’s early days, but it means the FBI have a percent of all 12 million bitcoins in circulation.