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

By Matthew Rosenquist | Cybersecurity Tomorrow | 9 Nov 2020

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.

Subscribe to the Cybersecurity Insights YouTube channel for more perspectives, rants, and news.

Resources

https://youtu.be/FEFIIa7BMUc

Bitcoin (BTC) cybersecurity hacking

How do you rate this article?

Matthew Rosenquist

Cybersecurity Strategist specializing in the evolution of threats, opportunities, and risks in pursuit of optimal security for our digital world.

Cybersecurity Tomorrow

Cybersecurity strategy perspectives for the emerging risks and opportunities of securing our digital world. The insights of today will lead to tomorrow's security, privacy, and safety foundations.