Luxury-Loving Bitcoin Thief Jimmy Zhong Gets 1 Year for Silk Road Heist
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Report from CNBC reveals new details about Jimmy Zhong's arrest related to theft of 50,000 bitcoins from Silk Road.
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Zhong called 911 to report hundreds of thousands in crypto stolen from his home, leading to his arrest.
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Zhong known for lavish lifestyle and gifting friends before arrest.
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Zhong charged with wire fraud, sentenced to 1 year in prison, forfeited bitcoin.
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Zhong's lawyer says government profited billions from bitcoin seizure vs if sold at Silk Road operator's arrest.