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US Government's Silk Road Bitcoin Holdings Drop To 0 After DOJ Reportedly Approves Sale Of Crypto Worth $6.5 Billion (UPDATED)
Thursday, January 9, 2025 - 12:40am | 548Editor’s Note: This story has been updated with additional information. The U.S. government has received approval to liquidate a significant portion of its Bitcoin (CRYPTO: BTC) holdings seized from the infamous darknet website Silk Road, according to a Wednesday report. What Happened: ...
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Man Who Facilitated Bitcoin Laundering Worth Over $300M Sentenced To 3 Years In Prison
Monday, November 18, 2024 - 5:55am | 516An Ohio-based operator of the darknet cryptocurrency mixer has been sentenced to a three-year prison term after being found guilty of laundering over $300 million in Bitcoin (CRYPTO: BTC). What Happened: According to the U.S. Department of Justice, 41-year-old Larry Dean Harmon was the brains...
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Silk Road Creator Ross Ulbricht Awaits Trump's Promised Pardon For Bitcoin-Aided Crimes: 'See The Light Of Freedom At The End Of The Tunnel'
Wednesday, November 13, 2024 - 1:25am | 507Ross Ulbricht, the creator of the online illegal drug marketplace Silk Road, thanked those who voted for Donald Trump for his cause, hoping that the President-elect would commute his sentence What Happened: On Tuesday, Ulbricht, who has been serving a double life sentence since 2013 for his part in...
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Metaverse Could Be Used To Brainwash Youth And Train Recruits For Terrorism, Says India's Home Minister
Thursday, July 13, 2023 - 10:37am | 480Expressing grave concerns about the potential misuse of the metaverse and cryptocurrencies by terrorist organizations, Indian Home Minister Amit Shah on Thursday asserted that the virtual world is likely to become a breeding ground for terrorists to brainwash youth, employ and train new...
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Binance Processes $346M In Bitcoin For Alleged 'Money Laundering Engine' Bitzlato: Report
Tuesday, January 24, 2023 - 2:43pm | 518Crypto giant Binance reportedly processed almost $346 million in Bitcoin (CRYPTO: BTC) for the Bitzlato digital currency exchange, the founder of which was arrested by U.S. authorities last week for allegedly running a "money laundering engine," according to blockchain data,...
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Elon Musk Says Silk Road Founder Ross Ulbricht's Sentence Seems A 'Bit High'
Thursday, February 11, 2021 - 1:50am | 341Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, responding to a comment on social media, said that the punishment handed down to convicted darknet market operator Ross Ulbricht seemed a “bit high.” What Happened: Ulbricht is serving a double life sentence for his role in creating the infamous...