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evidenceevidencedigital2015 Federal TrialBitcoin wallets, addresses, and transaction analysisIn closing argument, Dratel distinguished bitcoin addresses found on Ulbricht's laptop from proven ownership and questioned the difference between incoming transfers and the remaining balance. He argued that no outgoing-funds analysis or evidence of Ulbricht cashing out had been presented.
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Bitcoin wallets, addresses, and transaction analysis

In closing argument, Dratel distinguished bitcoin addresses found on Ulbricht's laptop from proven ownership and questioned the difference between incoming transfers and the remaining balance. He argued that no outgoing-funds analysis or evidence of Ulbricht cashing out had been presented.

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Dratel challenged whether the laptop wallets belonged to Ulbricht and whether the transaction analysis accounted for outgoing funds, offering trading and investment as an alternative explanation for the holdings.

Trial Record (1)