The Silk Road hacker was sentenced to just a year in prison for stealing BTC that's now worth $3.4 billion, while site founder Russ Ulbricht is never getting out. (Via CointelegraphZN)
In addition to coins held on a computer, Zhong had other assets spread around his house within a kitchen drawer and a floor safe filled with tightly bound stacks of cash. There was also a tiny amount of silver and gold bullion and a collection of rather peculiar coins known as Casascius coins.
“Theoretically, of course, this would make physical Bitcoin a very attractive way to launder money or pay for drug deals.” In Zhong’s case, the government appeared far more interested in securing the “criminal proceeds” for themselves rather than Zhong, whose criminal activity amounted to stealing from another criminal.
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