Silk Road case could set bitcoin legal precedent – CoinDesk

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The U.S. government wants to confiscate Silk Road’s Bitcoins, valued at approximately $80 million. The only way the United States will gain access is if Ross Ulbricht is ordered to turn over his pass phrase and keys. This could pose a 5th Amendment problem for the government, as Ulbright would have to admit the Bitcoins are his in order to comply.

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Silk Road case could set bitcoin legal precedent – CoinDesk

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