The US government announced Monday it had seized $3.4 billion in bitcoin from a real estate developer who stole the cryptocurrency from the dark web marketplace Silk Road a decade ago.
It is worth noting that in November 2020, in another investigation, theFeds seized $1 billion in Bitcoinlinked to the Silk Road marketplace after identifying 54 undetected cryptocurrency transactions linked to the seized marketplace. Along with theBitcoinwhich was found in an underground safe and a...
Purchases on the deep Web's black markets are generally made using the virtual currency Bitcoin. Items are shipped through the mail – eliminating, proponents say, the violence and potentially risky street-dealing commonly associated with such transactions. The first Silk Road, launched in early 201...
Coinbase CEO Brian Armstrong says the crypto exchange will indeed add support for the Lightning Network, one of the biggest endorsements yet for the blockchain that makes bitcoin (BTC) a more realistic option for payments by dramatically speeding up transactions. The company had said in early Aug...
Former DEA agent admits to stealing bitcoins while investigating Silk RoadDan Levine
The US has seized more than $1 billion worth of bitcoin connected to the Silk Road criminal syndicate, the Justice Department announced Thursday.