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Silk Road News

The Silk Road was a darknet market best known as a platform for selling illegal goods. It operated as a Tor hidden service to exclude traffic monitoring, which was convenient for criminals to deliver their services through the network. Silk Road was launched in February 2011 and already had 10,000 products for sale 70% of which were drugs by March 2013.

Although there were a lot of illegal products on the site, there were also restrictions: child pornography, stolen credit cards, assassinations, and weapons of any type were banned for sale and exchange. The site provided some legal goods as well, such as apparel, art, books, cigarettes, erotica, jewelry, and writing services.  

The Silk Road was shut down in October 2013 by the FBI, whose agents also arrested Ross William Ulbricht, the founder of the system. There were two attempts to recreate the Silk Road, but both of them have been unsuccessful. The latest news on the Silk Road promises no further attempts.

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The US is set to sell off 50,000 bitcoins previously owned by jailed Silk Road founder Ross Ulbricht in a sealed auction, it has been announced.
50,000 of Ulbricht’s Bitcoins up for Auction by US Govt, Auernheimer Stakes Claim
William Suberg
2015-02-19T10:56:36+00:00
447
Andreas Antonopoulos blocked from being an expert witness at the Silk Road trial, Bitpay proposes new protocol to create zero-confirmation instant payments, Cap...
Bitcoin Daily Digest: Antonopoulos Barred from Silk Road Trial, BitPay’s Zero-Confirmation and more
Charlie Richards
2015-02-03T12:50:57+00:00
451
Banking suspension for Bitcoin service in Poland, Google news feed partnership with Coinbase, Antonopoulos called up for Silk Road trial, and many other events ...
Bitcoin Daily Digest: Polish Bank Blocks BTC, Antonopoulos at Silk Road Trial and more
Charlie Richards
2015-02-02T10:24:47+00:00
570
The Silk Road trial is heating up as sittings have entered the third week. Most importantly, the first hints of an alleged murder-for-hire plot are now surfacin...
'Dirty' Bitcoins, Murder-for-Hire Plots Surface in Silk Road Trial (Week 3)
Aaron van Wirdum
2015-01-31T12:44:16+00:00
655
Cointelegraph’s news roundup for Thursday, January 29.
Bitcoin Daily Digest: Silk Road Trial, ISIS, Cointerra Bankruptcy and more
Charlie Richards
2015-01-30T12:36:44+00:00
554
As sittings on the Silk Road trial entered the second week, federal prosecutors presented a pile of evidence detailing the early days of the iconic digital blac...
A Disastrous Week for Ulbricht as Silk Road Trial Continues (Week 2 Roundup)
Aaron van Wirdum
2015-01-23T22:01:04+00:00
502
The number two spot for the most hated man in Bitcoin has changed a lot. Currently, it might just be Josh Garza as many PayCoin investors are not happy with the...
DHS Agent Believed Mark Karpeles to Be Head of Silk Road
Ian DeMartino
2015-01-16T10:33:00+00:00
690
The Silk Road saga lives on, and this time, the code has been forked. The newest Silk Road player, called Silk Road Reloaded (SRR), is distinctly different in a...
Silk Road Reloaded Ditches Tor and Accepts Multiple Cryptocurrencies
Amanda B. Johnson
2015-01-13T20:55:22+00:00
447

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