Justice Department seizes billions in crypto from Silk Road scammer

Nov. 07, 2022 12:51 PM ETBitcoin USD (BTC-USD)By: Liz Kiesche, SA News Editor23 Comments

Bitcoins and handcuffs

IgorIgorevich/iStock Editorial via Getty Images

The U.S. Attorney for the Southern District of New York and the Internal Revenue Service's Criminal Investigation department said Monday that James Zhong pled guilty on Friday to stealing more than 50,000 bitcoin (

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