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US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker – Bitcoin News

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,

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Crypto Mixer ChipMixer Washed Out By National Authorities, $46 Million In Bitcoin Confiscated: Europol

Summary: The crypto mixer founded in 2017 was shut down by national authorities led by the European Union Agency For Law Enforcement Cooperation (Europol).Authorities seized $46 million in Bitcoin and 7 terabytes of data from the crypto tumbler.Another crypto mixer, Tornado Cash, was sanctioned by the U.S Treasury back in

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Irish Drug Dealer Tells Police That Keys to $56M in Confiscated BTC Are Lost

Dubliner Clifton Collins, who was recently imprisoned for drug trafficking, claims that robbers took the keys to the $56 million in Bitcoin (BTC) Irish High Court had ruled should be confiscated.After obtaining more than 6,000 BTC by 2017, Collins decided to insure himself against hackers by distributing the cryptocurrency

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US Marshals to Auction $37M in Confiscated Bitcoin in February

The United States Marshals Service (USMS), a federal law enforcement agency within the U.S. Department of Justice, will auction more than 4,000 confiscated Bitcoins (BTC).According to the official USMS website, the authority is planning to sell “approximately” 4,040 Bitcoins (4,040.54069820), requiring a $200,000 deposit in order to take part

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