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The US DOJ seizes 50,676 bitcoin, worth around ~$1B, defrauded from the Silk Road in 2012 by James Zhong, who pled guilty to wire fraud (Oliver Knight/CoinDesk)




Oliver Knight / CoinDesk:

US DOJ seizes 50,676 bitcoins, worth about ~$1 billion, scammed from Silk Road in 2012 by James Zhong who committed money transfer scam– 50,000 bitcoins were illegally collected in connection with the Silk Road marketplace in 2012. – Damian Williams, United States Attorney…

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