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    Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prisonJames Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme.

    The U.S. Justice Department announced James Zhong had been sentenced to one year and one day in prison for charges related to executing a scheme to steal more than 51,680 Bitcoin.

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