The Department of Justice announced it’s seized around 50,676 Bitcoin that a 32-year-old from Georgia fraudulently obtained from The Silk Road — a site on the dark web once called “the Amazon of drugs” — in 2012. After seemingly tipping authorities off to his large cache of Bitcoin a few years ago, James Zhong pleaded guilty to the crime after authorities found the Bitcoin stored in an underground safe and on a “single-board computer” hidden in a popcorn tin in a bathroom closet, according to a press release from the DOJ.
Read the article: The Verge
