U.S. JUSTICE DEPARTMENT SEIZED BITCOIN WORTH $1 BILLION

Highlights

• It was seeking the forfeiture of the cryptocurrency, which had been in the possession of an unnamed hacker who stole them from the notorious website said the Justice Department

• The government in the past had auctioned forfeited cryptocurrency, hence they will be trying to prove in court that these items are subject to forfeiture

• The U.S. government in the year 2013 had seized Silk R....