This Week in the Metaverse: $3.36bn Bitcoin seizure, crypto’s ‘grey list’
Things are moving fast in the metaverse, and in the wider world of Web3 as a whole. Here’s what you need to know from this past week:
US Department of Justice announces Bitcoin seizure valued at more than $3.36bn. In a statement published yesterday, the Department announced that law enforcement seized more than 50,676 Bitcoin from James Zhong, who had “unlawfully obtained [the funds] from the Silk Road dark web internet marketplace” just over ten years ago. The crypto assets we
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