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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.

Related tags:

News
Kathryn Haun, a former US federal prosecutor and head of a crypto task force, spoke positively about Bitcoin and Blockchain in a recent interview.
Silk Road Federal Prosecutor: Blockchain Played Key Role In Investigation Of Fed. Agents
Molly Jane Zuckerman
2018-04-12T21:32:00+01:00
18558
News
500 BTC ($5.5 mln) to be seized if four people in Ohio are convicted of selling and transferring fake identification documents.
US: Federal Prosecutors Ask For Forfeiture Of 500 BTC
Molly Jane Zuckerman
2018-03-02T19:32:00+00:00
26408
Analysis
A new study has found that Bitcoin is losing popularity on the Darknet.
Is Darknet Done With Bitcoin?
Patrick Thompson
2018-02-10T13:40:00+00:00
103825
Analysis
Government-issued cryptocurrency seems to be a likely answer for countries that are looking to ban or regulate the likes of Bitcoin.
Regulated, Government Issued Cryptos to Challenge Bitcoin in 2018
Gareth Jenkinson
2018-02-01T18:40:00+00:00
72474
Are governments trying to use cryptocurrencies as another reason to spy on us?
Governments Using Crypto as a Reason to Spy on Us
Gareth Jenkinson
2017-12-10T13:00:00+00:00
47476
The Silk Road secret agent serving over six years for theft of Bitcoins will now serve eight as further charges are brought.
Silk Road Agent Bridges Gets 2 Extra Years Jail Over Second Bitcoin Theft
William Suberg
2017-11-08T14:50:00+00:00
15178
The US Justice Department was finally able to claim the proceeds from the sale of 144,336 Bitcoins sized when they shut down illicit online market, the Silk Roa...
Feds Claim Proceeds from Seized Silk Road Fortune at Only $334 per Bitcoin
Darryn Pollock
2017-10-03T14:20:00+01:00
12844
Blockchain analysis has been used by a UC Berkeley PhD candidate to identify sex trafficking rings, through the linking of Bitcoin payments made for online adul...
Bitcoin Blockchain Analysis Could Fight Sex Trafficking: UC Berkeley PhD Research
Jacob J
2017-08-27T12:10:00+01:00
67680

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