$2 billion in Silk Road Bitcoin seized by DOJ moves to new wallet

On April 2, a wallet known to be associated with the U.S. Justice Department transferred 30,174 BTC, or roughly $2 billion at the time of publication, to a new address.

Online sleuths identified the DOJ wallet as that containing Bitcoin seized from James Zhong, who in 2022 was convicted of charges connected to “unlawfully obtained” crypto from Silk Road.

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