- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Former UK National Crime Agency Official Sentenced to Prison for Stealing 50 Bitcoins in Silk Road 2.0 Investigation
BlockBeats News, July 17th, according to Cointelegraph, a former official from the UK's National Crime Agency (NCA) has been sentenced to prison for stealing 50 bitcoins during the Silk Road 2.0 investigation. Silk Road 2.0 was a successor to the original Silk Road, launched a month after the FBI shut down the original Silk Road and arrested its founder, Ross Ulbricht, in October 2013, and was closed by the FBI after running for a year. NCA operational officer Paul Chowles, who was involved in the investigation, was responsible for extracting and analyzing the device data of the Silk Road 2.0 co-founders during the law enforcement operation. At that time, 50 of the 97 bitcoins seized were transferred in May 2017. These bitcoins were subsequently processed through the cryptocurrency mixing service Bitcoin Fog, apparently to conceal their origin. Paul Chowles has pleaded guilty to charges of theft, transferring criminal property, and concealing criminal property, and has been sentenced to five years or more in prison. The UK's Crown Prosecution Service calculated that he illegally profited approximately £613,150 (USD 821,345) from it.
You may also like
Tokenomics' Year of Reckoning
Stop Looking for the Sword in the Same Place: The Current Bitcoin Market Is Not a Replay of the 2022 Bear Market
ARK Founder “Wood Sister” 2026 Forecast: Gold Hits a Peak, Dollar Recovers, Bitcoin Sets Its Path
Key Takeaways Cathie Wood anticipates a “golden age” for the US stock market influenced by deregulation, tax cuts,…
Why Digital Asset Treasuries That Only Hodl May Fall Short
Key Takeaways Digital Asset Treasuries (DATs) that solely focus on holding crypto assets such as Bitcoin face significant…
Wintermute: The Four-Year Cycle is Dead, Crypto Breakthrough 2026, Where to Next?
Key Takeaways The traditional four-year crypto cycle, once deemed a fundamental market principle, is becoming obsolete as market…
Crypto Mortgages in the US: Navigating Valuation Challenges and Regulatory Uncertainties
Key Takeaways The Federal Housing Finance Agency (FHFA) mandates Fannie Mae and Freddie Mac to consider cryptocurrencies in…
Satoshi-era Wallet Moves $85M in Bitcoin After 13 Years
Key Takeaways A dormant Bitcoin wallet from the Satoshi era has transferred 909.38 BTC, valued at around $84.6…
WLFI Faces Backlash After ‘Team Wallets’ Push Through USD1 Growth Proposal
Key Takeaways World Liberty Financial (WLFI) is under scrutiny after nine dominant wallets exerted significant control over a…
2026 Airdrop Interoperability Bible: 182 Projects, Eight Major Track Full Coverage Index
How AI Trading Systems Perform in Live Markets: Inside the WEEX AI Hackathon Beta Test
WEEX launched a Beta Test to provide participants with a proving ground that closely mirrors real trading conditions, allowing strategy stability, execution capability, and risk control to be tested by the market in advance, while refining an AI trading infrastructure that can truly be deployed in live markets.
Here’s What Happened in Crypto Today
Key Takeaways Bitcoin experienced a significant price dip as Europe considered retaliatory trade measures against the U.S. The…
Trump’s Tariff Policies Impact Cryptocurrency Market Dynamics
Key Takeaways Trump’s tariff policies lead to significant volatility in cryptocurrency markets, notably affecting Bitcoin prices. Bitcoin experienced…
Market Correction Causes Significant Drop in Meme Coin Values
Key Takeaways WhiteWhale’s value has decreased by 32.3% in the past 24 hours. The coin is currently trading…
Memecoins Fall While BlackWhale Rises in Cryptocurrency Market Shakeup
Key Takeaways The cryptocurrency market is experiencing a correction that has severely impacted memecoins. WhiteWhale’s value has declined…
Meme Coins Experience Volatility Amid Market Correction
Key Takeaways WhiteWhale has experienced a significant drop of 75% from its peak. BLACKWHALE saw a 50% increase,…
Market Correction Impacts Meme Coins, WhiteWhale Drops Significantly
Key Takeaways WhiteWhale’s price plummeted 75% from its peak on January 10, impacted heavily by the recent market…
Market Plunge Sees Meme Coins Including WhiteWhale Tumble
Key Takeaways Meme coins, including WhiteWhale, are experiencing significant declines amid a recent market correction. WhiteWhale’s value has…
Market Correction Hits Meme Coins, WhiteWhale Suffers Sharp Drop
Key Takeaways WhiteWhale has plummeted 32.3% in the last 24 hours, trading at a price 75% below its…
Tokenomics' Year of Reckoning
Stop Looking for the Sword in the Same Place: The Current Bitcoin Market Is Not a Replay of the 2022 Bear Market
ARK Founder “Wood Sister” 2026 Forecast: Gold Hits a Peak, Dollar Recovers, Bitcoin Sets Its Path
Key Takeaways Cathie Wood anticipates a “golden age” for the US stock market influenced by deregulation, tax cuts,…
Why Digital Asset Treasuries That Only Hodl May Fall Short
Key Takeaways Digital Asset Treasuries (DATs) that solely focus on holding crypto assets such as Bitcoin face significant…
Wintermute: The Four-Year Cycle is Dead, Crypto Breakthrough 2026, Where to Next?
Key Takeaways The traditional four-year crypto cycle, once deemed a fundamental market principle, is becoming obsolete as market…
Crypto Mortgages in the US: Navigating Valuation Challenges and Regulatory Uncertainties
Key Takeaways The Federal Housing Finance Agency (FHFA) mandates Fannie Mae and Freddie Mac to consider cryptocurrencies in…
App