"The U.S. Justice Department has seized and is now seeking the forfeiture of thousands of bitcoins tied to the now-defunct Silk Road dark web market, with the holdings valued in excess of $1 billion.
The Justice Department said in a statement that "[t]he seizure represents the largest seizure of cryptocurrency in the history of the Department of Justice." The news was first reported by Bloomberg.
According to the statement, investigators used software tools to identify " 54 previously undetected bitcoin transactions executed by Silk Road, all of which appear to represent bitcoin, which was the proceeds of unlawful activity, that was stolen from Silk Road in or about 2012 and 2013." The release said that Chainalysis assisted in its investigation."
https://www.theblockcrypto.com/linked/83695/us-seizure-silk-road-bitcoins-report
The Justice Department said in a statement that "[t]he seizure represents the largest seizure of cryptocurrency in the history of the Department of Justice." The news was first reported by Bloomberg.
According to the statement, investigators used software tools to identify " 54 previously undetected bitcoin transactions executed by Silk Road, all of which appear to represent bitcoin, which was the proceeds of unlawful activity, that was stolen from Silk Road in or about 2012 and 2013." The release said that Chainalysis assisted in its investigation."
https://www.theblockcrypto.com/linked/83695/us-seizure-silk-road-bitcoins-report