{"id":83072,"date":"2022-11-08T02:31:25","date_gmt":"2022-11-08T07:31:25","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83072"},"modified":"2022-11-08T02:25:27","modified_gmt":"2022-11-08T07:25:27","slug":"feds-announce-seizure-of-3-36-billion-in-bitcoin-stolen-a-decade-ago-from-illegal-silk-road-marketplace-the-second-largest-crypto-recovery","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2022\/feds-announce-seizure-of-3-36-billion-in-bitcoin-stolen-a-decade-ago-from-illegal-silk-road-marketplace-the-second-largest-crypto-recovery.html","title":{"rendered":"Feds announce seizure of $3.36 billion in bitcoin stolen a decade ago from illegal Silk Road marketplace\u2014the second-largest crypto recovery"},"content":{"rendered":"\n<p>(CNBC) The U.S. Department of Justice announced Monday that it seized about <a rel=\"noreferrer noopener\" href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/us-attorney-announces-historic-336-billion-cryptocurrency-seizure-and-conviction\" target=\"_blank\">$3.36 billion in stolen bitcoin<\/a> during a previously unannounced 2021 raid on the residence of James Zhong. Zhong pleaded guilty Friday to one count of wire fraud, which carries a maximum sentence of 20 years in prison. U.S. authorities seized about 50,676 bitcoin, then valued at over $3.36 billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/11\/07\/feds-seize-3point36-billion-in-bitcoin-the-second-largest-recovery-so-far.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The U.S. Department of Justice announced Monday that it seized about $3.36 billion in stolen bitcoin during a previously unannounced 2021 raid on the residence of James Zhong. Zhong pleaded guilty Friday to one count of wire fraud, which [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83072","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83072"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83072\/revisions"}],"predecessor-version":[{"id":83073,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83072\/revisions\/83073"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}