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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Markuri33 on November 04, 2021, 01:14:54 AM

Title: Silk Road Admin Forfeits $667,000 Worth of Bitcoin to British Authorities
Post by: Markuri33 on November 04, 2021, 01:14:54 AM
Thomas White, a British administrator of the infamous darknet market Silk Road, has been ordered to forfeit hundreds of thousands of dollars in Bitcoin. Thomas White has been ordered to hand over $667,000 (£490,000) worth of Bitcoin by the UK’s National Crime Agency (NCA), per Sky News.

White, 26, ran the Silk Road darknet market following the arrest of Ross Ulbricht, the original creator of the website, in 2013. After the website was shut down by law enforcement, White dropped out of an accounting degree to work on its successor site, Silk Road 2.0. In 2019, White pleaded guilty to drug trafficking, money laundering, as well as producing 464 Category A images of child abuse—the worst category of child abuse images—and was jailed for a total of five years and four months.more information (https://decrypt.co/85176/silk-road-admin-forfeits-667000-worth-bitcoin-british-authorities)