Feds Announce Seizure of $3.36 Billion in Stolen Bitcoin

The United States Department of Justice has announced the seizure of implicit $1 cardinal successful stolen bitcoin. The DOJ announced connected Nov. 7, that it had earlier seized the stolen bitcoin connected Nov. 9 2021, aft an unannounced IRS raid connected the Gainesville, Ga. location of James Zhong, a 32-year-old investor. Federal authorities took 50,676 successful bitcoin from Zhong’s residence, which was erstwhile valued astatine implicit $3.36 cardinal astatine th...