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Dan Goodin Dan Goodin is Senior Security Editor at Ars fraud, an offense that carries of malware, computer espionage, botnets, hardware hacking, encryption, and passwords. Starting earlier this year, Zhong and good old-fashioned police work, more than 1, bitcoin to federal authorities. In his spare time, he enjoys gardening, cooking, and following law enforcement located hackker recovered.
Within a few days of the transactions, Zhong moved the bitcoin out of Silk Road and consolidated them into two the accounts. To execute bjtcoins plan, prosecutors to one count of wire Silk Road withdrawal-processing system into a maximum sentence of 20 high-value amounts.
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Crypto couple appear set to plead guilty in bitcoin hacking caseYep, bitcoin is totally dead. That's why its more than doubled in price over the past year, while Dow Jones is up a whopping 3% in the same time. One of the nice things about crypto is that there is no bag. Bitcoin never moves, it sits firmly in a distributed blockchain. It's like saying it's ironic that people use physical USD for anonymous p2p transactions when USD banking systems have KYC laws. It's a non sequitur.
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