69,000 Bitcoins Are Headed for the US Treasury—While the Agent Who Seized Them Is in Jail
image via WIRED
October 9, 2024, 4:02 PM
- •An IRS agent who helped seize $4.4 billion in Bitcoin is now jailed in Nigeria on money laundering charges.
- •The agent, Tigran Gambaryan, traced the Bitcoin to a hacker who stole it from the Silk Road dark-web drug market.
- •Gambaryan's case has drawn attention from lawmakers and US officials, who have urged Nigeria to release him.
Tigran Gambaryan, an IRS criminal investigator, seized $4.4 billion in cryptocurrency from the Silk Road dark-web drug market. He is now sitting in a Nigerian jail.
Entities Mentioned
Tigran GambaryanIndividual XWill FrentzenFrench Hill
Topics Covered
SecuritySecurity / Security NewsSecurity / Cyberattacks and HacksBusiness / Blockchain and Cryptocurrency
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