James Zhong stole over $3 billion BTC from Silk Road by committing wire fraud and possibly faces over 20 years in prison in the latest U.S. seizure. The U.S. Department of Justice seized over $3.36 ...

James Zhong has pleaded guilty to hacking the funds in 2012 from the illegal Silk Road marketplace. US authorities say the seizure is the second largest in history. The police raid at Mr Zhong's ...

Silk Road, James Zhong, and the massive Bitcoin haul Back in 2022, the Department of Justice (DOJ) seized over 50,000 bitcoins tied to the Silk Road marketplace. James Zhong, who orchestrated the ...

The almost 10,000 bitcoin sold by the U.S. government in March is part of a haul of 50,000 bitcoin seized following the arrest in November of James Zhong, who pleaded guilty to wire fraud after ...