
Feds Seize Record $3.3B in Crypto in Silk Road Fraud Case
Federal authorities say they have seized a “historic” $3.36 billion in bitcoin stolen by a convicted fraudster from the Silk Road dark web marketplace. According to a Monday (Nov. 7) news release from the U.S. Attorney’s office, 32-year-old Georgia resident James Zhong has pleaded guilty to wire fraud for illegally obtaining more than 50,000 bitcoin […]