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James Zhong – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 01 Apr 2023 17:30:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png James Zhong – DIGIT INFO https://www.digit.info 32 32 US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker https://www.digit.info/us-government-plans-to-sell-over-41000-bitcoins-confiscated-from-silk-road-hacker/ Sat, 01 Apr 2023 17:30:30 +0000 https://www.digit.info/2023/04/01/us-government-plans-to-sell-over-41000-bitcoins-confiscated-from-silk-road-hacker/ Read more]]> According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses Strategy for Selling Confiscated Bitcoin The U.S. government, one of the […]

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US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion https://www.digit.info/us-government-remains-a-top-bitcoin-holder-with-seized-stash-valued-at-5-6-billion/ Sun, 26 Mar 2023 16:30:44 +0000 https://www.digit.info/2023/03/26/us-government-remains-a-top-bitcoin-holder-with-seized-stash-valued-at-5-6-billion/ Read more]]> As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million […]

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US Announces ‘Historic $3.36 Billion Cryptocurrency Seizure’ as Silk Road Bitcoin Thief Pleads Guilty https://www.digit.info/us-announces-historic-3-36-billion-cryptocurrency-seizure-as-silk-road-bitcoin-thief-pleads-guilty/ Tue, 08 Nov 2022 04:30:45 +0000 https://www.digit.info/2022/11/08/us-announces-historic-3-36-billion-cryptocurrency-seizure-as-silk-road-bitcoin-thief-pleads-guilty/ Read more]]> US Announces 'Historic $3.36 Billion Cryptocurrency Seizure' as Silk Road Bitcoin Thief Pleads GuiltyThe man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest financial seizure ever.” Silk Road Exploiter Pleads Guilty The U.S. Department of Justice (DOJ) […]

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