ChainCatcher News, the U.S. government announced the seizure of 215 BTC, worth approximately $23 million, from the wallet of Zhengcheng Huang, the operator of the dark web market “Chinodrug”. According to the confiscation documents, the officials claimed to have only seized 199.47 BTC, but the related address actually holds 215 BTC. Emmett Gallic pointed out that, based on past experience, the U.S. government rarely reports accurate amounts in confiscation documents.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The U.S. government seized 215 BTC, worth approximately $23 million, from the wallet of the operator of the dark web market "Chinodrug."
ChainCatcher News, the U.S. government announced the seizure of 215 BTC, worth approximately $23 million, from the wallet of Zhengcheng Huang, the operator of the dark web market “Chinodrug”. According to the confiscation documents, the officials claimed to have only seized 199.47 BTC, but the related address actually holds 215 BTC. Emmett Gallic pointed out that, based on past experience, the U.S. government rarely reports accurate amounts in confiscation documents.