As announced by the U.S. Attorney’s office for the Southern District of New York, a defendant who pleaded guilty to wire fraud charges related to “unlawfully obtained” Bitcoin (BTC) from the Silk Road marketplace has been finally been sentenced. The 32-year-old James Zhong stole more than 50,000 Bitcoins from the infamous drug-trafficking site back in 2012 when BTC was worth around $12.
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Just-In: Silk Road Thief Who Stole 50,000 Bitcoin Gets 1 Year Jail Time
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