He stole 50,000 Bitcoin from Silk Road, hid it for 9 years, and the feds found the keys in a popcorn tin 😅 I mapped the James Zhong seizure. 2012 he exploited Silk Road’s payment system and walked off with ~50k BTC. Then he sat on it for almost a decade. November 2021, IRS-CI hits his Gainesville house and pulls ~50,491 BTC (~$3.36B at the time) off devices in a floor safe… and a single-board computer stuffed under blankets inside a popcorn tin in a bathroom closet. Also in the house: $661k cash and 25 Casascius coins (1 BTC equivalent each). The on-chain part is what got him. Years later he mixed a Silk Road-linked address into a spend with a wallet that already had his name on it. One clustered transaction. That’s the whole movie. I traced the consolidation into the seizure wallets. Watching billions sit still for years and then dump into one place is insane. Moral of the story: you can outrun Silk Road. You cannot outrun a popcorn tin. 😂 What do you guys think?
🚚 What is happening in NFTs? NFT leaders were red; Punks -3% at 30 ETH, BAYC -8% at 6.8 ETH, Pudgy -2% at 3.7 ETH; Argonauts top mover over the weekend reaching a 0.55 ETH floorGoat Street (+28%) and Identity MD (+22%) led top movers
💰 Token, Airdrop & Protocol Tracker Hyperliquid ($12.3M) and Pump ($10.3M) were 5th and 7th respectively for protocol revenue in the past week Pons completed its first $10M revenue week on Robinhood ChainStonkfun had it’s biggest 2 days of revenue on Sunday ($1.5M) and Monday ($1.2M) with 60% of the funds used for token buybacks$