← All EvidenceOpeningOpening Statement - Prosecution Timothy Howard
Digital Evidence
Bitcoins the government said were on the laptop and worth approximately $18 million at arrest
In his Day 1 opening statement, Howard said Ulbricht's laptop contained bitcoins worth approximately $18 million at arrest. He described those holdings as profits accumulated through Silk Road commissions.
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Howard presented the bitcoins as alleged profits from commissions on Silk Road transactions.