Search results
7 lis 2022 · After seemingly tipping authorities off to his large cache of Bitcoin a few years ago, James Zhong pleaded guilty to the crime on Friday after authorities found the Bitcoin stored in an...
9 maj 2023 · Zhong, now 32, was sentenced to a year in federal prison last month for a hack that took place almost 11 years ago. His victim? Ross Ulbricht, the proprietor of the Silk Road dark web drug...
13 wrz 2023 · Zhong pulled off the theft by exploiting a flaw in Silk Road’s Bitcoin withdrawal mechanism for vendors. According to the Department of Justice (DOJ), Zhong set up fake Silk Road vendor accounts solely for this purpose, never actually listing anything for sale.
7 lis 2022 · A man who once held over $3bn worth of bitcoin taken from the notorious Silk Road marketplace has pleaded guilty to wire fraud and been forced to forfeit his crypto assets, the US Department of...
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...
8 lis 2022 · Zhong manipulated Silk Road's withdrawal system by triggering 140 transactions in rapid succession, fooling the system into crediting several external wallets with the bitcoin, according to the...
