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Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison

Published

3 years ago

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James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the “unlawfully obtained” Bitcoin scheme.

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Coin Market

Zcash hits highest price since 2016 as market cap tops $20B

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37 minutes ago

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September 7, 2026

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ZEC gained 45% over the past week, extending its rally since Grayscale converted its Zcash Trust into an ETF that began trading Aug. 25.

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Coin Market

Markets tilt toward September rate hikes: Five things to know in Bitcoin this week

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2 hours ago

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September 7, 2026

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This week’s CPI and PPI prints, along with the Fed’s Sept. 16 rate decision, could determine whether Bitcoin can secure $80,000 as a support level.

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Citi, DBS complete first weekend tokenized cross-border deposit on Swift

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3 hours ago

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September 7, 2026

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Citi and DBS completed their first tokenized cross-border transfer over the weekend, using Swift’s blockchain-based ledger to circumvent the constraints of traditional banking hours.

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