Do you have $300,000 in BitCoins right now? No. Around 478 BitCoins were donated to LulzSec in 2011 – which was approximately $17,000 at the time – and funds were spent on server hosting and prepaid $200 gift cards for VPN purchases. Sabu then took a large chunk to allegedly pay his unpaid phone and Internet bills (though far more likely he handed the BitCoins to the FBI). The rest was split six ways. My online BitCoin wallet, which had hardly anything left, was confiscated by police officers in July 2011 after they raided my home. I have no knowledge of any remaining funds We can only assume transactions after July 2011 are either Scotland Yard or the FBI accessing the account. You can see the public transaction chain here https://blockchain.info/address/176LRX4WRWD5LWDMbhr94ptb2MW9varCZP http://jakedavis.org/the-actual-site/#section-n1 can only assume transactions after July 2011 are either Scotland Yard or the FBI accessing the account.