U.S. Department of Justice Seized Over $3.36 Billion In Bitcoin Tied To Silk Road

[Google News Bot]

James Zhong stole over $3 billion BTC from Silk Road by committing wire fraud and possibly faces over 20 years in prison in the latest U.S. seizure.The U.S. Department of Justice seized over $3.36 billion in BTC related to Silk Road that has been missing since 2012, per a release from the Justice Department.James Zhong, an exploiter who stole 51,680.32473733 BTC from Silk Road, has pleaded guilty to committing wire fraud in order to steal bitcoin from the dark web marketplace. “James Zhong committed wire fraud over a decade ago when he stole approximately 50,000 Bitcoin from Silk Road,& ...

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