James Zhong, who stole 50 thousand Bitcoin (BTC) from Silk Road, the world’s first Deep Web platform in 2012, was sentenced to 1 year and 1 month in prison.
The Silk Road robbery case, which was recorded as one of the largest individual Bitcoin thefts in history, resulted in a striking decision. From Silk Road in 2012 50 thousand Bitcoins to James Zhong, who stole and pleaded guilty in November 2022 1 year, 1 month prison sentence given. played by Zhong 3.4 billion dollars The whereabouts of these Bitcoins worth of money could not be found for a long time and their fate remained uncertain.
However, shortly after Zhong admitted to the charges about 5 months ago, US federal police announced that they had seized the mentioned Bitcoins. The US government said that BTCs He sold 10,000 of them at the beginning of April..
US Attorney making a statement in court on the subject Damian Williamsannounced that they will not tolerate cybercriminals with the following statements:
Cybercriminals should heed this message: no matter how complex your plan is and how long it takes, we will track the money and hold you accountable.
The defendant, who, thanks to the fraud scheme, attracted much more Bitcoin from Silk Road than he initially deposited, had come up with a remarkable plan. For example, September 19, 2012In , Zhong to a Silk Road wallet 500 Bitcoins he laid. Seconds after completing the first deposit 500 Bitcoins net by making five different withdrawals A win of 2,000 Bitcoins achieved.
This symbolic prison sentence given to Zhong has also appeared on social media. collecting users’ reaction On the other hand, Silk Road founder caught in 2013 2 times aggravated life sentence for Ross Ulbricht penalty was given.