EvDEn EVe nakLiyAt<\/a> the next largest cryptocurrency, extended losses Wednesday to hit its lowest since July<\/p>\n<\/div>\nSilk Road is an online black market used to distribute illegal drugs and goods to buyers, according to the U.S. Attorney.\u00a0<\/p>\n
‘Mr. Zhong executed a sophisticated scheme designed to steal bitcoin from the notorious Silk Road Marketplace,’\u00a0Special Agent in Charge Tyler Hatcher said.<\/p>\n
‘Once he was successful in his heist, he attempted to hide his spoils through a series of complex transactions which he hoped would be enhanced as he hid behind the mystery of the darknet.’<\/p>\n
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Beginning in March 2022, Zhong began voluntarily surrendering to the government additional Bitcoin that he had access to and had not dissipated. In total, he voluntarily surrendered 1,004 additional Bitcoin.<\/p>\n<\/div>\n
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A man faces up to 20 years in prison after more than $3 billion in stolen was found\u00a0stashed in a popcorn tin at his home in what authorities call the\u00a0second largest seizure of cryptocurrency. James Zhong, 32, pleaded guilty on Friday to stealing the Bitcoin a decade ago from the illegal Silk Road marketplace, which […]<\/p>\n","protected":false},"author":22930,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5083],"tags":[5078],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/73983"}],"collection":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/users\/22930"}],"replies":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/comments?post=73983"}],"version-history":[{"count":1,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/73983\/revisions"}],"predecessor-version":[{"id":73984,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/73983\/revisions\/73984"}],"wp:attachment":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/media?parent=73983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/categories?post=73983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/tags?post=73983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}