In the huge amount of bitcoin that the United States Federal Government is holding, one man feels his bit of digital money is being held captive: and he wants it back.
Peter Ward of the United Kingdom has reportedly begun the process of putting a lawyer on retainer in order to file a claim for about $95,000 worth of bitcoins — about 100 BTC. The money was taken during the Silk Road seizure last year, and Ward says he made it through entirely legal means.
See, Ward sells things like rolling papers, bongs, and vaporizers. He’s even got his own public online shop called Planet-Pluto.
“I’m probably in a unique position in that I can prove my coins came from selling legal items,” he said to Forbes. “I sold on Silk Road because it had a large user base that matched my target customers. Where better to sell king-size rolling papers?”
Ward also says that on October 2nd, authorities broke down his unlocked door and seized cocaine and marijuana from his home.
Ward hopes his claim will delay the US Fed’s forfeiture of the bitcoin, (which is slated to happen soon on a date soon to be announced) at least until he’s been charged and brought to trial. (via Forbes)