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US Seizes 50K Bitcoins Related to Silk Road Marketplace

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.

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