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US Government Seizes 215 Bitcoins from Operator of Dark Web Market Chinodrug

Summary: According to a tweet by Arkham analyst Emmett Gallic, the US government has announced the seizure of 215 Bitcoins (approximately $23 million) from the wallet of Zhengcheng Huang, who operated the dark web market Chinodrug. Official seizure documents only show 199.47 BTC, but the address actually held 215 BTC. It is noted that US government ...

According to a tweet by Arkham analyst Emmett Gallic, the US government has announced the seizure of 215 Bitcoins (approximately $23 million) from the wallet of Zhengcheng Huang, who operated the dark web market Chinodrug. Official seizure documents only show 199.47 BTC, but the address actually held 215 BTC. It is noted that US government seizure documents often do not accurately report the total amount seized.

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Link: US Government Seizes 215 Bitcoins from Operator of Dark Web Market Chinodrug [Copy]

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