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DOJ seizes $1B in bitcoin related to Silk Road

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The Department of Justice seized more than $1 billion worth of bitcoin related to the infamous Silk Road.

The IRS identified more than 50 transactions that previously were undetected and were connected to Silk Road, an illicit dark web marketplace.

“The successful prosecution of Silk Road’s founder in 2015 left open a billion-dollar question. Where did the money go?" said U.S. Attorney David Anderson. "Today’s forfeiture complaint answers this open question at least in part: $1 billion of these criminal proceeds are now in the United States’ possession.”

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