The agency reports that the action involving proceeds from the illicit marketplace—which offered drugs and services such as hacking—is the largest cryptocurrency seizure in DOJ history.
November 05, 2020 at 01:04 PM
1 minute read
Litigation editor
The original version of this story was published on The Recorder
The Department of Justice is forfeiting an estimated $1 billion worth of bitcoin it seized in connection to transactions from shuttered online black market Silk Road.
The agency reports that the action involving proceeds from the illicit marketplace—which offered drugs and services such as hacking—is the largest cryptocurrency seizure in DOJ history.
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