🚨 New details have emerged from CNBC about Jimmy Zhong, who was arrested last year in connection with the more than 50,000 Bitcoin [BTC] stolen in the Silk Road incident.
🔍 According to CNBC, the cold case became active again when Zhong reported that hundreds of thousands of dollars of crypto money were stolen from his home. As a result of the work of a private detective, the US Department of Justice (DOJ) made one of the largest cryptocurrency seizures.
🎉 Before his arrest, Zhong was known for renting private jets, organizing luxury parties and gifting thousands of dollars to his friends.
⚖️ Zhong was tried on charges of wire fraud and after pleading guilty, he was sentenced to 1 year and 1 day in prison and his Bitcoins were confiscated. Zhong, 33, began his sentence at a federal prison camp in Alabama on July 14, 2023.
📢 How do you think this event will be reflected in the cryptocurrency world? We are waiting your comments! 👇