US: We’ve just seized $1bn in bitcoin stolen from Silk Road by ‘Individual X’ hacker

The US Justice Department says it’s seized $1bn in bitcoin allegedly stolen by a hacker from Silk Road creator Ross Ulbricht before his arrest for running the dark-web market.

Announcing the bitcoin seizure from the unnamed hacker, the Department of Justice revealed it is now seeking forfeiture of the illicit funds, which represent its largest haul of cryptocurrency to date.

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Source: ZDNet