April 20, 2023

How Investigators Cracked a $3.4 Billion Crypto Heist

by The Journal

Jimmy Zhong appeared to have pulled off the perfect crime. In December 2012, he stumbled upon a software bug that allowed him to steal 50,000 bitcoins from a site on the dark web called the Silk Road. WSJ’s Robert McMillan explains how Zhong’s stolen crypto stayed hidden until investigators developed better ways to track down crypto criminals. 

Further Reading:

- The U.S. Cracked a $3.4 Billion Crypto Heist — and Bitcoin’s Anonymity 

Further Listening:

- How The Government Tied One Couple to Billions in Stolen Bitcoin 

Where to Listen