Search results
CNBC's Eamon Javers reports on news from a heist in the cryptocurrency space. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https:/...
Jimmy Zhong. James "Jimmy" Zhong is an American man who was convicted in 2022 for stealing over 51,680 bitcoin (then worth about $620,000; [2] value as of 2023 approximately $3.4 billion [3]) from the online black market Silk Road between 2012 and 2014. [4]
7 lis 2022 · U.S. Attorney Damian Williams said: "James Zhong committed wire fraud over a decade ago when he stole approximately 50,000 Bitcoin from Silk Road. For almost ten years, the whereabouts of this massive chunk of missing Bitcoin had ballooned into an over $3.3 billion mystery.
7 lis 2022 · The $3.36 billion belonged to James Zhong, 32, of Gainesville and Athens, Georgia. On Friday, Zhong pled guilty to one count of wire fraud, an offense that carries a maximum sentence of 20...
14 kwi 2023 · A Georgia man who stole more than 50,000 Bitcoin from the Silk Road drug-trafficking site before his cache hit $3.35 billion in value was ordered to serve a year and a day in prison. James...
7 lis 2022 · Justice department seized cache of bitcoin worth more than $3bn at its peak. In addition to the stolen bitcoin, law enforcement recovered over $660,000 in cash from Zhong’s house in Gainesville...
7 lis 2022 · On Monday, the US Department of Justice announced that a Georgia man named James Zhong has pleaded guilty to wire fraud nine years after stealing more than 50,000 bitcoins from the Silk Road.