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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)

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Oliver Knight / CoinDesk:

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  —  50,000 bitcoin was obtained unlawfully in relation to the Silk Road marketplace in 2012.  —  Damian Williams, the United States Attorney …



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