The U.S. government is trying to seize what “Individual X” had already stolen. Specifically, that would be a gargantuan amount of cryptocurrency.
In a surprise reveal to a mystery that’s bedeviled the cryptocurrency community for years, the Department of Justice announced today that it has seized just over a billion dollars worth of cryptocurrency and is seeking to claim it as its own. What’s more, in a criminal complaint arguing for the government’s right to hold onto the seized digital currency, law enforcement revealed the cryptocurrency’s source: It was stolen years ago from the Silk Road. Read more…
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