BitcoinWarrior

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Department of Justice seizes stolen Bitcoin

Published by
BANG Showbiz English

The US Department of Justice has seized stolen Bitcoin worth more than $4 billion. Earlier this week, US officials charged two people with attempting to launder the money, after completing the largest ever confiscation of its kind. The money was stolen by a hacker in 2016, when they successfully breached a cryptocurrency platform. At the time, the stolen Bitcoin was valued at $71 million. But owing to the dramatic increase in Bitcoin’s value, it’s now worth billions of dollars. Assistant Attorney General Kenneth Polite Jr said the case proved that the US government “will not allow cryptocurren…

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