silk road

The U.S. Department of Justice on Monday announced that law enforcement seized $3.36 billion of bitcoin from a man who “unlawfully obtained” more than 50,000 bitcoin from darkweb market Silk…

Two days ago, about $1 billion worth of bitcoin that had sat dormant since the seizure of the Silk Road marketplace in 2013, one of the biggest underground drug websites…

It could be said that the first few years of this current tech boom were fueled by mostly harmless, relatively easy products—websites for sharing your photos, for looking up stuff,…

On Wednesday, an appellate court shot down Silk Road creator Ross Ulbricht’s effort to avoid spending the rest of his life behind bars. Two years ago, Ulbricht was sentenced to…

The US Marshals Service is selling another chunk of Silk Road bitcoins. The 44,341 BTC, to be sold in blocks of 2,000 bitcoin, will go on sale from 12:00 UTC…

U.S. Secret Service special agent Shaun W. Bridges of Laurel, Maryland, pleaded guilty today before the U.S. District Judge Richard Seeborg of the Northern District of California to obstruction and…

The alleged mastermind of the Silk Road, Ross Ulbricht, has sent his first note from prison, a handwritten missive posted on FreeRoss.org, a site dedicated to news about the Ulbricht’s…

The alleged owner of the Silk Road, an online black market, has been sentenced to life in prison by Judge Katherine B. Forrest in a Federal District Court in Manhattan.…

If that headline doesn’t make much sense, welcome to the 21st century when a program designed to automatically buy random items from illegal marketplaces can be arrested by Swiss police.…

Ross Ulbricht, the creator of the Silk Road online black marketplace, is facing a number of Federal charges related to allegations that he facilitated the illegal activity of marketplace users.…

If you read the headline above and said “Huh?” then you are not alone. It seems Ross Ulbricht, the alleged head of Silk Road, was not the real owner of…

The U.S. Marshals Service has completed the second auction of bitcoin seized from the original Silk Road. The auction, consisting of 50,000 BTC, is the latest in a seized BTC…

While the FBI was able to take down a number of popular Dark Web sites including the Silk Road 2, it seems the wide-ranging attacks targeted mostly fake sites. Friend…

The UK National Crime Agency has posted a notice describing a series of six arrests that coincided with the takedown of the Silk Road 2.0. Authorities have also taken down…

The alleged operator of the Silk Road 2.0, Blake Benthall, has been arrested by the FBI in San Francisco after federal agents shut down the site on Wednesday. The site…

According to a court document released today, expert witness Joshua J. Horowitz, a lawyer and tech expert, believes the FBI is not telling the whole truth when it comes to…

You may have heard that the infamous Dread Pirate Robets AKA Ross Ulbricht’s Silk Road was taken down thanks to a problem in his anonymous Tor server. Now, however, Brian…

The US Marshals announced they have sold 30,000 BTC to an anonymous bidder. The auction took place on June 27 and the highest bidder won all 30 blocks of 1,000…

Dropped, as Yoda would say, the other shoe has. U.S. Marshals are now selling off 29,656.51306529 BTC, about $18 million in bitcoin at today’s $600 price. The sale announcement drove…

As I noted in January, the U.S. government is quite interested in getting out of the Bitcoin business and has, thus far, been working hard to convert seized bitcoin to…

Silk Road 2 moderator Defcon reported in a forum post that hackers have used a transaction malleability exploit to hack the marketplace. The hackers stole over 88,000 4474.26 bitcoins worth…

Ross Ulbricht AKA the Dread Pirate Roberts of Silk Road fame is now facing a “kingpin” charge which carries with it a 20-year minimum sentence. By claiming that Ulbricht was…

The Silk Road moderator Gary Davis, aka Libertas, is officially free on bail and awaiting an extradition hearing on February 13. Irish and U.S. authorities arrested Davis on December 20…

The Silk Road 2, a hidden website modeled on the original Silk Road contraband marketplace, is regrouping as the users and single remaining moderator prepare for a Christmas lockdown. The…

At least two moderators of the Silk Road 2 user forums have been arrested by authorities in the U.S. and Ireland. A source claiming to have inside knowledge of the…

Like the legend of the phoenix Silk Road has risen from the ashes of a recent US crackdown and is now live and even more secure. At 4:20 pm GMT…

Bitcoin is at once anonymous and completely public. You can follow transactions through the system in real time and see where large buys have taken place or, in this case,…

In an interesting post-mortem release by the creators of the defunct anonymous marketplace Atlantis there is information that the former admins and users of the Silk Road are planning to…

An anonymous, underground drug trafficking web site Silk Road has been busted and the founder has been arrested, effectively shutting down a $1 billion+ revenue business after two years. And…

The Internet routes around damage. With the fall of the Silk Road there comes the inevitable expectation that the underbelly of the Internet is somehow cut and something important has…