Drug Dealer’s Bitcoin Stash A Ripe $8.5 Million

U.S. attorneys in Utah prosecuting a multimillion-dollar opioid drug-ring are moving quickly to sell seized bitcoin. The bitcoin’s worth has exploded in value to about $8.5 million since the alleged ringleader’s arrest a year ago. In court documents pressing for the sale, the U.S. Attorney’s Office for Utah cites the digital currency’s volatility. When Aaron Shamo was arrested on drug charges, the bitcoin cache was worth less than $500,000. The value of the digital currency, though, has skyrocketed since then. Bitcoin was created as a digital alternative to the traditional banking system. It is prone to swings in value based on what people believe its worth. https://