- It features an account linked to James Zhong.
- However, it was not previously listed in the official list of wallets that hold BTC in the Silk Road case.
- Also, the nature of the address indicates that it may belong to the exchange, in particular Coinbase
- But Arkham sees it differently.
Last night, June 20, some Arkham users declared that they received an alert regarding the movement of capital in accounts related to the Silk Road case. Some members of the community are talking about fake, as there have been similar precedents in the past.
This, for example, claims the CEO and co-founder of Cryptoquant Ki Yong Joo. He refuted the informationpointing out that the pattern of the “bc1qzd8” address from which the BTC was allegedly moved matches the accounts of the exchanges.
Also it is not in list of wallets, whose connection to the Silk Road case was confirmed directly by Arkham. It is possible that the confusion arose due to incorrect settings of the notification system.
But more to come. At Arkham confirmed the information, indicating that “bc1qzd8” is indeed associated with the Ministry of Justice. Allegedly, official papers of the department testify to this.
Note that in April 2022, James Zhong sent 0.00000547 BTC to the above account. Later, his wallets were transferred to the control of the federal authorities.
But this does not confirm the fact that it belonged to him. It is possible that this is a hot/cold exchange wallet. In particular, it could be a Coinbase account. It is this platform that processes bitcoin transactions of the US Department of Justice. It is also interesting that Arkham had “false alarms” before. Before that, they brought down the BTC rate with misinformation about Mt.Gox, and then again “sat down in a puddle” with Silk Road.