Federal agents this week seized more than $1 billion worth of bitcoins linked to the now-defunct Silk Road website, a criminal marketplace on the dark web, in what may be the Justice Department's largest-ever seizure of cryptocurrency.
The Justice Department said it is moving to have the 69,370 bitcoins forfeited to the government, according to court documents. The bitcoins once belonged to Silk Road's founder. Bitcoins were the only currency allowed on Silk Road, which authorities say was used for criminal transactions including the sale of drugs and guns as well as money laundering.
https://edition.cnn.com/2020/11/06/business/bitcoin-seized-silk-road-ulbricht/index.html
The Justice Department said it is moving to have the 69,370 bitcoins forfeited to the government, according to court documents. The bitcoins once belonged to Silk Road's founder. Bitcoins were the only currency allowed on Silk Road, which authorities say was used for criminal transactions including the sale of drugs and guns as well as money laundering.
https://edition.cnn.com/2020/11/06/business/bitcoin-seized-silk-road-ulbricht/index.html