$3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s story
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.
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Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison
James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme.
US government plans to sell 41K Bitcoin connected to Silk Road
On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31.
US authorities announce conviction connected to Bitcoin stolen from Silk Road
U.S. Attorney Damian Williams cited “state-of-the-art cryptocurrency tracing” and “good old-fashioned police work” in the authorities recovering the stolen Bitcoin.