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Home / Business / The Justice Department obtained $ 1 billion in crypto Silk Road which was moved in recently

The Justice Department obtained $ 1 billion in crypto Silk Road which was moved in recently



In a filing on Thursday, the US Department of Justice ordered the seizure of $ 1 billion from an anonymous hacker.

Specifically, the DoJ is asking the Northern District court of California to block “about 69,370.22491543 Bitcoin (BTC), Bitcoin Gold (BTG), Bitcoin SV (BSV), Bitcoin Cash (BCH), obtained from 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbh.”

Court documents did not identify the person behind the wallet, instead calling them “Individual X”, but it alleged that they tried to hack Silk Road and steal the cryptocurrency, leaving Ross Ulbricht feeling sympathetic. feel sad. Hackers seem to have agreed to sign the funds since Monday, which is likely why those funds changed hands for the first time in 5 years this week.

The value of those funds today makes it the biggest crypto seizure in history.

DoJ has become much more active in the cryptocurrency sector over the past month. In early October, the agency released a cryptocurrency enforcement framework, which some call the signal of a massive crackdown.