The U.S. government seized 215 BTC from the wallet of the darknet market "Chinodrug" operator.
On October 22, according to crypto analyst Emmett Gallic, the US government announced the seizure of 215 BTC, worth approximately $23 million, from the wallet of Zhengcheng Huang, the operator of the darknet market "Chinodrug." According to the forfeiture documents, officials claimed to have seized only 199.47 BTC, but the related address actually holds 215 BTC. Emmett Gallic pointed out that, based on past experience, the US government rarely reports the exact amount in forfeiture documents.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Institutions assess Powell's speech: Nothing about "hawkish rate cuts"
The Federal Reserve reminds the market not to take interest rate cuts for granted.
All three major U.S. stock indexes closed higher.
All three major U.S. stock indexes closed higher, with bank stocks performing strongly.
