“The federal government has actually not been damage by Jimmy’s conduct in any respect,” Zhong’s legal professional Michael Bachner advised CNBC. He famous that if the federal government had gotten its fingers on these 50,000 bitcoins on the time of Silk Street operator Ross Ulbricht’s arrest, it might have bought them for about $320 per coin, or roughly $14 million. “Because of Jimmy having them, the federal government has gotten a $3 billion revenue,” Bachner mentioned.