US DOJ announces seizure of $3.36B in cryptocurrency

The U.S. Department of Justice on Monday announced that law enforcement seized $3.36 billion of bitcoin from a man who “unlawfully obtained” over 50,000 bitcoin from darkweb market Silk Road over a decade ago. The U.S. Attorney for the Southern District of New York said that James Zhong of Gainesville, Georgia, pleaded guilty on November […] US DOJ announces seizure of $3.36B in cryptocurrency by Jacquelyn Melinek originally published on TechCrunch...