Washington, Nov 8 (Ians) The US authorities have seized around 50,676 Bitcoin worth 3.36 billion stored in a circuit board hidden in the bottom of a popcorn tin in a bathroom closet.
The 32-year-old James Zhong from Georgia fraudulently obtained the Bitcoin from The Silk Road — a site on the dark web once called “the Amazon of drugs” — in 2012.
Zhong has now pleaded guilty to committing wire fraud in September 2012, when he unlawfully obtained over 50,000 Bitcoin from the Silk Road dark web internet marketplace, the US Department of Justice said in a statement late on Monday.
“Zhong committed wire fraud over a decade ago when he stole approximately 50,000 Bitcoin from the Silk Road. For almost 10 years, the whereabouts of this massive chunk of missing Bitcoin had ballooned into an over 3.3 billion mystery,” said US Attorney Damian Williams.
Thanks to state-of-the-art cryptocurrency tracing and good old-fashioned police work, law enforcement located and recovered this impressive cache of crime proceeds.
The 32-year-old James Zhong from Georgia fraudulently obtained the Bitcoin from The Silk Road — a site on the dark web once called “the Amazon of drugs” — in 2012.
Zhong has now pleaded guilty to committing wire fraud in September 2012, when he unlawfully obtained over 50,000 Bitcoin from the Silk Road dark web internet marketplace, the US Department of Justice said in a statement late on Monday.
“Zhong committed wire fraud over a decade ago when he stole approximately 50,000 Bitcoin from the Silk Road. For almost 10 years, the whereabouts of this massive chunk of missing Bitcoin had ballooned into an over 3.3 billion mystery,” said US Attorney Damian Williams.
Thanks to state-of-the-art cryptocurrency tracing and good old-fashioned police work, law enforcement located and recovered this impressive cache of crime proceeds.
- 11/8/2022
- by Glamsham Bureau
- GlamSham
If you’re interested in how inclusion intersects in pop culture today and were at DragonCon 2015 at 8:30Pm on Saturday night, you were probably at the round table discussion “Race, Gender, and Sexuality in Contemporary Comics.” Panelists Daniel Amrhein, Kelly Sue DeConnick, John Flowers, Tini Howard, Laurenn McCubbins, Kari Storla, and Damien Williams dissected and debated the current state of comics for two and a half hours in an informative and entertaining way. From comics that have a surprising amount of representation in them (Batgirl, Lucifer) to how to navigate social media while nurturing your mental health, the topics were varied and in-depth. You can get a full rundown of the panel over at the official DragonCon blog. Perhaps the most exciting piece of information came from Captain Marvel writer Kelly Sue DeConnick. While debating the merits of television and other visual media becoming more and more niche (does...
- 9/8/2015
- by Donna Dickens
- Hitfix
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