Damian Williams, the United States Attorney for the Southern District of New York, announced the seizure of $3.36 billion of bitcoin related to Silk Road, a darkweb marketplace.Read MoreCoinDesk
Damian Williams, the United States Attorney for the Southern District of New York, has announced the seizure of $3.36 billion of bitcoin related to Silk Road, a darkweb marketplace.
James Zhong pled guilty to committing wire fraud in 2012 after he illegally obtained 50,000 bitcoin, according to the statement.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Cathie Wood, CEO of asset manager and crypto ETF issuer ARK Invest, has long maintained…
Larry Dean Harmon of Ohio was officially sentenced Friday for running the darknet crypto mixer…
Crypto analyst CryptoCon recently alluded to a Bitcoin ‘Golden Multiplier Ratio,’ which he suggested paints…
Bitcoin recorded another remarkable price performance in the past week, gaining by 19.16% according to…
Bitcoin is on the move again, surging toward its previous high of $93,257 with renewed…
The Bitcoin price continued its red-hot form over the past week, printing successive all-time highs…