Investment
Features
FeesSafety
Academy
More
Pluang+

Ex-NCA officer ordered to repay $2.4M for stealing 50 Bitcoin during Silk Road 2.0 probe

Market News
30 Sep 2026
Crypto Briefing
View Source
Bearish
Ex-NCA officer ordered to repay $2.4M for stealing 50 Bitcoin during Silk Road 2.0 probe

Paul Chowles, a former UK National Crime Agency officer, was ordered to repay £1.81 million ($2.4 million) after stealing 50 Bitcoin during a 2017 investigation into the dark web marketplace Silk Road 2.0. Although the Bitcoin was worth about £60,000 at the time, the confiscation reflects the current value of the recovered coins, showing Bitcoin's dramatic price rise. Chowles used mixing services and converted some Bitcoin to fiat, but blockchain forensics and cooperation with law enforcement eventually traced the theft back to him. He pleaded guilty in 2025 and was sentenced to five and a half years in prison, highlighting risks of insider theft in law enforcement handling digital assets.

The story about former NCA officer Paul Chowles and his Bitcoin theft is offered here with a snapshot of cryptocurrency market activity. For readers following major cryptocurrencies, 9 out of 50 priced assets rose while 40 fell. Notable moves include EOS up 8.13% at Rp12.649, ONE down 7.97% at Rp40 with a 57% sell order activity, and ALGO down 6.69% at Rp2.202 with a 53% buy order activity, as of Sep 30, 2026 22:03 WIB.

More News

Mt. Gox still holds $2.88B in Bitcoin as final creditor repayment deadline nears on Oct 31, 2026

Mt. Gox still holds $2.88B in Bitcoin as final creditor repayment deadline nears on Oct 31, 2026

Mt. Gox, the defunct Bitcoin exchange that collapsed in 2014, still controls about 34,387 BTC worth $2.88 billion. The trustee overseeing repayments has set a final deadline of October 31, 2026, to distribute the remaining coins to creditors. Since 2...

Market News
Neutral
4 hours ago
Quant (QNT) price jumps 4.21% in one hour, extending 24-hour gain to 21.3%

Quant (QNT) price jumps 4.21% in one hour, extending 24-hour gain to 21.3%

Quant (QNT) cryptocurrency surged 4.21% within one hour on September 30, rising from $286 to $298 in Binance spot trading. This move extended its 24-hour gain to 21.3%, reflecting strong market interest. Quant is ranked 32nd by market capitalization,...

Market News
Bullish
4 hours ago
Dogecoin trades near $0.098 supply zone with $1.5B leverage risk and key tax rules for EU investors.

Dogecoin trades near $0.098 supply zone with $1.5B leverage risk and key tax rules for EU investors.

Dogecoin is trading just below a critical supply zone at $0.098, where roughly 28 billion DOGE changed hands, creating strong resistance. The market shows a high leverage ratio with $1.5 billion in open futures positions, six times the spot volume, i...

Technical Signals
Neutral
4 hours ago
Stripe adopts Open USD as default stablecoin, sharing reserve earnings with partners.

Stripe adopts Open USD as default stablecoin, sharing reserve earnings with partners.

Stripe has made Open USD (OUSD), a stablecoin developed by a consortium including Visa, Mastercard, American Express, and Coinbase, its default stablecoin for business payments. Unlike typical stablecoins where the issuer keeps the reserve earnings, ...

Market News
Bullish
4 hours ago
Tempo to issue stablecoin OUSD on its Layer 1 blockchain for business payments and treasury operations

Tempo to issue stablecoin OUSD on its Layer 1 blockchain for business payments and treasury operations

Tempo plans to launch Open USD (OUSD), a stablecoin designed specifically for business payments, settlement, and treasury functions on its Layer 1 blockchain. This blockchain infrastructure supports stablecoin fees, fast transaction finality, and a d...

Protocol Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App