CHART OF THE DAY: Bitcoin Collapse Silk Road – Business Insider

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Silk Road a black market website devoted to buying illegal drugs was shut down by the FBI. Approximately 26,000 Bitcoins were taken, each worth $123 dollars before the seizure. After the website was shutdown, Bitcoins value dropped to around $100 a coin. In total, $3.2 million dollars worth of Bitcoins were taken from Silk road during the bust.

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CHART OF THE DAY: Bitcoin Collapse Silk Road – Business Insider

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