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U.S. Dept of Justice seizes $1 billion in Bitcoin

Posted by Matthew Rosenquist on November 9, 2020 at 7:00am

Bad news for cryptocurrency criminals!

Cryptocurrency watchers were stunned when they recently saw a billion dollars of Bitcoin being moved from a very old account that has been inactive for years.

The mystery was solved as the U.S. Dept of Justice unsealed court filings related to the Ross Ulbricht 2015 Silk Road case.

This is momentous! Such a seizure puts most others to shame and it will likely drive some changes in law enforcement.

In today’s video, I discuss how this case will change enforcement and criminal practices moving forward

bitcoin, crime, cryptocurrency, cybercrime, cybersecurity, hacking

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Posted by Matthew Rosenquist

CISO and Cybersecurity Strategist

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CISO Platform

A global community of 5K+ Senior IT Security executives and 40K+ subscribers with the vision of meaningful collaboration, knowledge, and intelligence sharing to fight the growing cyber security threats.