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Analyst: US government has seized 215 BTC from the wallet of the operator of the dark web market "Chinodrug"
2025-10-22 14:33

Crypto analyst Emmett Gallic posted on the X platform that the US government has seized 215 BTC, valued at approximately $23 million, from the wallet of Zhengcheng Huang, operator of the dark web market "Chinodrug." Seizure documents reveal that authorities claimed to have seized only 199.47 BTC, but the address actually held 215 BTC. Gallic noted that, based on past experience, the US government rarely reports accurate amounts in seizure documents.