Department of Justice seizes $3.36 billion in bitcoins

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Department of Justice of the United States of America Seizure of $3.36 billion in Bitcoin The hacker of the Silk Road website announced. This hacker had stolen 50 thousand bitcoins by hacking this website 10 years ago.

James Zhong from Ginzul is the name of the hacker who hacked the Silk Road website. 50 thousand bitcoins He stole it from the property. James admitted on November 4 of this year that he committed such an act in September 2012. A confession that could lead to a maximum of 20 years in prison for him.

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Seizure of $3.36 billion in Bitcoin

This figure is equal to 50,676.17851897 bitcoins, which is one of the The biggest cryptocurrency thefts is considered. The US Department of Justice’s seizure of $3.36 billion in bitcoins is the largest amount of crypto seized by the department.

Seizure of $3.36 billion in Bitcoin

According to the judiciary, this amount of Bitcoin was discovered from a safe in the basement of James’s house, which was hidden under a blanket. In addition to $661,900 in cash, 25 Casascius coins worth about 174 bitcoins, another 11,116 bitcoins, and a number of silver and gold bars were also located at Gainesville’s residence, which were also seized.

According to Damian Williams, the US Attorney at the time, for 10 years, this hacker did not disclose the whereabouts of the bitcoins and no one knew about them. The Silk Road website, which was launched in 2011, became known for its money laundering and illegal drug trade. About two years after its start, the American government shut it down and in 2015, the founder of this website was sentenced to life imprisonment.

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