Bitcoin Worth $4.8 Billion Still Missing In The Silk Road Balance Sheet Discrepancy

Where Did The Bitcoins In Silk Road Marketplace Go? 

To this day, 444,000 bitcoin worth $4.8 billion is still missing as the original Silk Road marketplace has been shut down for well over seven years now. As a matter of fact, the report focused on those funds is now being discussed as one of the market's biggest mysteries including how people have seemingly forgotten about this massive stash just recently. 

The Silk Road marketplace was shut down by global law enforcement (LE) in October 2013, and LE subsequently arrested Ross Ulbricht shortly after as a number of people understand. That was seized and later auctioned by the US Marshalls, individuals are also familiar with the 173,991 BTC from the Silk Road coins. 

A recent study from mysteryarchive.com discusses the lost coins at length however the public is not wholly aware of the estimated 444,000 BTC missing from the Silk Road. 

The mysteryarchive.com report, therefore, notes that many people still don’t know about the silk road story as the balance sheet therefore does not add up as everybody just seems to be okay with this fact. Further adding the author says: 

What Is The Current Status Of The Silk Road?

It is not possible to close a case with $4.8B just unaccounted for and this remains the Silk Road’s greatest mystery as nobody can answer the simple question generally speaking. 

It's quite possible the rest of the funds were stored on another computer as the findings discuss how the US federal agents managed to seize the 173k BTC. Giving LE full access to the Mastermind dashboard and a list of SR payroll expenses from 2011 to 2013, 144k BTC out of the seized stash was found on Ulbricht’s laptop. 

Another computer seems likely as it is commonplace to not put all your wealth in one place as stressed by mysteryarchive.com. Still missing from the darknet marketplace, the report is not the only account of the hundreds of thousands of Silk Road BTC. 

Who told a tale about an estimated 300,000 to 400k BTC stash in 2015, an account was shared from the alleged Silk Road mentor Variety Jones. Harassing him with an attempt to obtain the hoard of Silk Road coins LE never seized was a rogue FBI agent dubbed diamond according to Jones. 

Jones thereby wrote at the time that shows that there was easily close to 400,000 BTC that wasn’t accounted for yet as his back of the envelope calculations for Silk Road shows. Further on he says Diamond is certainly willing to move heaven and earth to get the passphrase for it as he certainly doesn’t have it, but it's gotta be somewhere. 

According to Jones, the rogue LE official was thereby trying to extort him as well as the agent was also making an average of $1,000,000 a month committing felonies along with wild abandon just as he can. Arrested in Thailand in December 2015 was "variety jones" whose real name is Roger Clark. 

So What About Roger Clark?

Consequently, it was observed that Clark wasn’t charged for his association with the Silk Road or his crimes late until the end of January 2020 oddly enough. Stealing thousands of bitcoins acting as double agents was moreover two rogue federal agents working with the SR investigation. 

Being lost during the Mt. Gox breach was a recent report detailing the missing stash of hundreds of thousands of SR bitcoins. Into the now-defunct Mt. Gox exchange, a number of studies over the years have shown a great deal of bitcoins from the darknet marketplace might have found their way. 
Discovering interesting connections between Mt. Gox and the SR marketplace alongside this was Homeland Security Investigation agent Jared Der-Yeghiayan. It was therefore found that in a story called “Silk Road Case: the Real, Untold Story” it was given a summary of Der-Yeghiayan’s account that was published on Freeross.org. 

Finally, Concluding The Discussion

The Untold Story study’s author notes that containing bitcoin’s worth millions of US dollars was Der- Yeghiayan identifying multiple accounts belonging to the Silk Road operators. 

Only speculating on how much really went missing was the crypto community which may never be found out where this stash of BTC went. It is noteworthy that Mark Karpeles helped LE with the federal investigation into the SR marketplace was the mysteryarchive.com report concluding. Thereafter the authors note that as once a lead suspect in the case was Karpeles as also accused of being the SR leader at one point as well. 

Until we find out more about the bitcoins, we just sign off for the time being.