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Feds Announce Seizure of $3.36 Billion in Stolen Bitcoin

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Feds Announce Seizure of $3.36 Billion in Stolen Bitcoin
A cryptocurrency ATM is seen here in a Miami convenience store on May 12, 2022. Joe Raedle/Getty Images
Bryan Jung
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The United States Department of Justice has announced the seizure of over $1 billion in stolen bitcoin.

The DOJ announced on Nov. 7, that it had earlier seized the stolen bitcoin on Nov. 9 2021, after an unannounced IRS raid on the Gainesville, Ga. home of James Zhong, a 32-year-old investor.
Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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