The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion::CNBC obtained never-before-seen body camera footage that shows how investigators linked Jimmy Zhong to the Silk Road hack
I’d completely forgotten this happened. Wild stuff.
In the end, Zhong didn’t get to keep the stolen bitcoin. The U.S. government seized those assets. Officials opened a process that allowed victims of the hack to apply to get their bitcoin back, according to a forfeiture document CNBC reviewed. Nobody came forward to claim the loot. That’s not surprising, given that users of Silk Road in 2012 were largely drug dealers and their customers.
Hilarious that they even tried
Wonder what job offers awaits this guy once he’s free next year
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I still want to see a badass version of the Kim Dotcom whole fiasco
But do you really need to pay him anything? I guess for mentioning the name and I guess that’s a selling point… But not even sure if that’s needed, like if I make a movie about somebody’s life what really need permission for? Their image? I mean if I have somebody different but same story would that count? Idk… I never quite got an idea of exactly up to which point you need to deal with the person of the story or their family
He also promoted a trypto scam. Guess some people never change
The gov probably was working in the silk road and wanted their bitcoins back… Very sus investigation especially when no one came to claim the bitcoins…
I don’t see how the IRS had any jurisdiction in this case. Bitcoin is virtual currency which the Federal Reserve does not make. Technically you’d think the IRS could only come after you for physical printed money.
I can understand if they prosecuted him for actual cash they found which he hasn’t paid tax on, but they have no right to take his digital bitcoin.
He needed a better lawyer.
What are you talking about? IRS comes after you for taxes you don’t pay on property and on all sorts of income. If you have a debt written off, that’s taxable income. If you acquire a hard drive worth $3b, that’s taxable income.
This could definitely be a neat movie to watch. Also that PI was a badass. Only one leg and working her ass of on this investigation. Shame they never found the thief that set this all off
