US Department Of Justice Seizes $3.36B In Bitcoin From Silk Road Dark Web Fraud

The U.S. Department of Justice announced on Monday that it seized around $3.3 billion in Bitcoin (CRYPTO: BTC) from a hacker who stole the cryptocurrency from the Silk Road dark web internet marketplace in September 2012. The hacker, identified as James Zhong, pled guilty before a New York City court to committing wire fraud and stealing 50,676 Bitcoin from Silk Road.