Damian Williams, the US Attorney for the Southern District of New York, announced on Monday that investigators recovered 50,676 bitcoins connected to the darknet market Silk Road in November. At the time of its discovery, bitcoin was worth $3.36 billion. The current valuation is $1.04 billion. It was the highest cryptocurrency confiscation in November, but it has now been exceeded by the 70,000 bitcoins taken in February in connection with a breach of the Bitfinex cryptocurrency exchange. Discovery of Bitcoins in Silk Road Case Bitcoins were allegedly discovered in the Silk Road investigation at a Georgian house linked to James The post US Seizes 50,000 Bitcoins Associated With Silk Road Marketplace appeared first on Cryptoknowmics-Crypto News and Media Platform.
