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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 United States Marshals have auctioned off the second batch of coins allegedly seized from the Silk Road and its alleged operator.
Second U.S. Marshal Bitcoin Auction Takes Place, Gets 11 Bidders
Ian DeMartino
2014-12-05T20:25:42+00:00
411
The US Marshals Service is auctioning off another 50,000 bitcoins seized from last year’s Silk Road bust. The auction for eligible bidders closes at 2 p.m. EST ...
Winner Will Grab 50,000 Bitcoins in Second US Marshals Auction
Armand Tanzarian
2014-12-04T17:38:35+00:00
402
Coinalytics is a Bitcoin data aggregation service that takes requests for transaction-mapping. They work to identify “clusters” in the blockchain and use them i...
If You Bought From Silk Road, Coinalytics May Have You Mapped
Amanda B. Johnson
2014-11-25T16:31:00+00:00
525
New weekend roundup from Cointelegraph
Weekend Roundup: Dark Markets Go Down, Bitcoin Tips Go Viral, and a 100-BTC Bounty is Put on a Hacker
Armand Tanzarian
2014-11-09T12:28:00+00:00
421
Multiple major darknet marketplaces have been shut down by the FBI today thanks to an informant who worked as a moderator at least one of the sites.
U.S. FBI Brings Down Silk Road 2.0 And Other 'Dark' Marketplaces
Carlo C
2014-11-06T23:40:22+00:00
762
USMS has announced that a single winner walked away with all 29,656 bitcoins formerly belonging to online marketplace Silk Road that were auctioned off last wee...
Feds Sell 29,656 Bitcoins to Tim Draper in Silk Road Auction
Cointelegraph
2014-07-02T11:18:00+01:00
4278
The dust around regulation of Bitcoin is starting to settle with the US government’s relatively friendly stance toward the cryptocurrency apparent.
US Auction of Silk Road Bitcoins a Sign that Regulation Settling – Circle CEO
Vaultoro
2014-07-01T16:13:00+01:00
371
More than 40 hours after the close of the US Marshals Bitcoin auction, the value of 1 BTC against the US dollar has held almost perfectly stable.
Weekend Bitcoin Price Holds Steady after US Marshals Auction
Armand Tanzarian
2014-06-30T16:21:41+01:00
290

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