Crackdown on Silk Road, the underground drug market
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CNBC digs into the Silk Road thief who was caught ten years later with $3 billion in stolen crypto.
A year ago, the DOJ announced it recovered more than 50k Bitcoin stolen from the Silk Road market in 2012 and that James Zhong had pleaded guilty to the crime.
CNBC’s 30-minute report uncovers how they found him (he moved $800 in Bitcoin to an account registered under his real name) and shows body camera footage of cops investigating his house while pretending to pursue a thief who’d broken in and stole some crypto. That person’s identity is still unknown.
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