Feds Seize $3.4 Billion In Bitcoin Stolen From Silk Road

IRS Criminal Investigations has seized $3.4 billion in bitcoin stolen from The Silk Road by a man named Zhong, who appears to have discovered a weakness in that dark-web market that in 2012 allowed him to somehow pull more coins out of accounts he made there than he had placed.

The Silk Road, a fabled drug marketplace on the dark web, was intended to be an unregulated, anarchic underworld economy. Instead, it has turned out to be the IRS's gift that keeps on giving years after it was tak...

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