US seizes $1billion in Bitcoin in cyber-raid on dark web 'black market'

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US seizes billions in Bitcoin in cyber-raid on web ‘black market’ for drugs, assassinations, weapons and child abuse

The virtual money was linked to the infamous dark web marketplace Silk Road.Silk Road was shut down in 2013 but used to be an online space where criminals would sell almost anything.Crypto-currency watchers spotted 70,000 bitcoins being taken from an account thought to be linked to the marketplace earlier this week.

"The successful prosecution of Silk Road's founder in 2015 left open a billion-dollar question. Where did the money go? The account the Bitcoin was seized from belonged to someone called "Individual X" who is thought to have hacked the virtual currency from the dark web.

 

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