Silver had been found guilty of charges he had accepted some $ 4 million in illicit payments in exchange for favors. (nypost.com)
Critics point out that the digital currency's lack of ties to any bank or government, allowing users to spend money anonymously, can facilitate illicit payments. (courant.com)
Mr. Silver, 71, is accused of abusing his office to obtain nearly $ 4 million in illicit payments through two law firms, while saying the income had come from bona fide legal work. (nytimes.com)