4 ms·
> Nearly five years after ZHONG’s fraud, in August 2017, solely by virtue of ZHONG’s possession of the 50,000 Bitcoin that he unlawfully obtained from Silk Road
by gzer0 4y ago
> Nearly five years after ZHONG’s fraud, in August 2017, solely by virtue of ZHONG’s possession of the 50,000 Bitcoin that he unlawfully obtained from Silk Road, ZHONG received a matching amount of a related cryptocurrency — 50,000 Bitcoin Cash (“BCH Crime Proceeds”) — on top of the 50,000 Bitcoin.
And presumably, this is how he was caught. He hid his identity really well. The withdrawal of BCH eventually led to his downfall.
- paulpauper 4y agoWhat are you basing this on? It could have been any other possibility
- Scoundreller 4y agoIt didn’t, not officially anyway. The feds pinned him on what appears to a mixup by the accused between his “unclean” and “clean” wallet wallets when dealing with a crypto broker with an IP that pointed to his house for several years. Starts around 22 here: https://www.justice.gov/usao-sdny/press-release/file/1549821/download https://www.justice.gov/usao-sdny/press-release/file/1549821...