[ad_1]
The U.S. government has announced its second-largest cryptocurrency seizure to date
The U.S. Department of Justice has seized 50,676 Bitcoin ($3.36 billion) from an individual known as James Zhong.
Zhong, who pleaded guilty to one count of wire fraud, stole the Bitcoin fortune from the now-defunct Silk Road marketplace ten years ago.
The Bitcoin OG managed to steal the funds by tricking “Silk Road’s withdrawal-processing system.
According to BitMEX Research, the hacker in question was known as “Loader” from the BitcoinTalk forum. On this forum, he once attempted to make a bet with notorious Bitcoin Cash advocate Roger Ver.
Ads
It is worth noting that this is the U.S. government’s second-largest Bitcoin seizure to date.
[ad_2]
Source link
