Tag Archives: Silk

U.S. auctions some 30,000 bitcoins from Silk Road raid

By Nate Raymond NEW YORK (Reuters) – The U.S. Marshals Service on Friday auctioned off about 30,000 bitcoins seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be bought. … Continue reading

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U.S. Marshals to auction bitcoin seized in raid on Silk Road market

(Reuters) – The U.S. government plans to auction about 30,000 bitcoin, the electronic currency, valued at about $ 17.4 million, on June 27 the U.S. Marshals Service said. The bitcoin were seized during an FBI raid in October on the … Continue reading

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Australia mulls extradition of alleged Silk Road moderator

The Australian government said it is deciding whether to extradite to the United States an alleged moderator of Silk Road, a website where people buy illegal drugs like heroin and cocaine using digital currency bitcoin. Peter Phillip Nash, 41, from … Continue reading

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Silk Road employee says federal agents faked his death after being hired to kill

In an exclusive article, Epic Magazine reports that a former employee of the underground drug market Silk Road had his death faked by undercover federal agents after they were hired to assassinate him by the site's alleged founder. Curtis Clark Green … Continue reading

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Silk Road commemorated with special edition ecstasy pills

A drug dealer is keeping the memory of digital black market Silk Road alive with specially-printed ecstasy pills. "To pay our respect to DPR and to forever remember the legacy that was Silk Road we have made a small batch … Continue reading

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Alleged Silk Road mastermind Ross Ulbricht denies charges, says lawyer

Ross Ulbricht, the alleged founder of underground marketplace Silk Road, denied his charges in a San Francisco federal court yesterday, via his lawyer. Ulbricht's public defender, Brandon LeBlanc, told reporters outside of court that "We deny all charges and that’s the end … Continue reading

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Libertarian views underpinned Silk Road

Ross Ulbricht wanted to create an ‘economic situation’ in a world without use of government force, FBI complaint into Silk Road founder says Asia homepage

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Silk Road: How FBI closed in on suspect Ross Ulbricht – BBC News

BBC News Silk Road: How FBI closed in on suspect Ross UlbrichtBBC NewsUS authorities believe that 29-year-old Ross William Ulbricht, arrested on Wednesday, is Dread Pirate Roberts (DPR) – the administrator of the notorious Silk Road online marketplace. It was … Continue reading

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Marketplace of vice, ‘Silk Road’ meets its end

By Jim Finkle BOSTON (Reuters) – Before it was shut down by U.S. agents this week, people looking to buy street drugs, hire hackers or hitmen, and acquire stolen e-commerce accounts anonymously online could go to Silk Road, the Amazon.com … Continue reading

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Bitcoin sinks in value after FBI busts Silk Road drug market

By Noel Randewich SAN FRANCISCO (Reuters) – The price of the bitcoin digital currency dropped on Wednesday, after U.S. law enforcement authorities shut down Silk Road, an online marketplace used to buy and sell illegal drugs. The bitcoin, valued by … Continue reading

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