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Dubai News Club > Tech > Ten-year hunt leads to 50,000 stolen Bitcoin stored in a popcorn tin and underground safe
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Ten-year hunt leads to 50,000 stolen Bitcoin stored in a popcorn tin and underground safe

Press Room
Last updated: 2022/11/07
Press Room
Published: November 7, 2022
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The Department of Justice announced it’s seized around 50,676 Bitcoin that a 32-year-old from Georgia fraudulently obtained from The Silk Road — a site on the dark web once called “the Amazon of drugs” — in 2012. 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 underground safe and on a “single-board computer” hidden in a popcorn tin in a…

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