{"id":105759,"date":"2020-11-05T22:12:32","date_gmt":"2020-11-05T19:12:32","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/us-seizes-1-bn-in-bitcoin-connected-to-silk-road\/"},"modified":"2020-11-05T22:12:32","modified_gmt":"2020-11-05T19:12:32","slug":"us-seizes-1-bn-in-bitcoin-connected-to-silk-road","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/us-seizes-1-bn-in-bitcoin-connected-to-silk-road\/","title":{"rendered":"#US seizes $1 bn in bitcoin connected to Silk Road"},"content":{"rendered":"

“#US seizes $1 bn in bitcoin connected to Silk Road<\/strong>”<\/p>\n

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\"The
\n The US Justice Department said the bitcoin was hacked by ‘Individual X’ from Silk Road
\n <\/figcaption><\/figure>\n<\/div>\n<\/div>\n

The US has seized more than $1 billion worth of bitcoin connected to the Silk Road criminal syndicate, the Justice Department announced Thursday.<\/p>\n

The funds were taken by law enforcement on Tuesday after being traced to a bitcoin address by an unnamed “Individual X,” according to a US Department of Justice press release.<\/p>\n

“It was further determined that Individual X had hacked the funds from Silk Road,” the DOJ said. <\/p>\n

The DOJ said it filed a civil complaint that the funds are subject to forefeiture, adding that it expects to prove the case to the court.<\/p>\n

“Silk Road was the most notorious online criminal marketplace of its day,” said US Attorney Kelly Anderson of the Northern District of California.<\/p>\n

“The successful prosecution of Silk Road’s founder in 2015 left open a billion-dollar question. Where did the money go? Today’s forfeiture complaint answers this open question at least in part. $1 billion of these criminal proceeds are now in the United States’ possession.” <\/p>\n

In 2015, Ross Ulbricht was sentenced to life in prison after being convicted of masterminding the criminal website Silk Road, which sold $200 million in drugs to customers worldwide.<\/p>\n

Ulbricht, who ran Silk Road under the alias “Dread Pirate Roberts” and was accused of commissioning five murders at a cost of $650,000, was sentenced to two life sentences for narcotics distribution and criminal enterprise.\n <\/p>\n\n

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Irish man pleads guilty in NY over Silk Road narcotics conspiracy<\/a>\n <\/div>\n

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\n \u00a9 2020 AFP<\/p>\n

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Citation<\/strong>:
\n US seizes $1 bn in bitcoin connected to Silk Road (2020, November 5)
\n retrieved 5 November 2020
\n from https:\/\/techxplore.com\/news<\/a>\/2020-11-seizes-bn-bitcoin-silk-road.html<\/p>\n

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