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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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Global assurance, tax and advisory services firm, Ernst & Young, will facilitate a first-of-its-kind Bitcoin sale process in Australia on June 20.
Australia to Auction $11.49 Million Worth of Bitcoins Confiscated After the Closure of Silk Road
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2016-05-31T14:15:00+01:00
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We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the f...
Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds
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2016-04-04T14:35:00+01:00
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OpenBazaar is growing to be a more refined, robust, secure and efficient version of eBay.
The Dark Market OpenBazaar To Become an Advanced eBay, not the Next Silk Road
Joseph Young
2016-03-22T10:00:00+00:00
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The winding Silk Road criminal prosecution continues to make news as convicted Secret Service agent Shaun Bridges has created a stir with the creation of a new ...
Convicted Silk Road Federal Agent Accused of Changing Identity to Escape Justice
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2015-10-21T18:30:00+01:00
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Carl Force who plead for for an agreement with prosecutors back in June is set to be sentenced on October 19, at the US District Court for the Northern District...
Corrupt Silk Road DEA Agent Facing 7 Years in Prison
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2015-10-16T19:30:54+01:00
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Back in May, New York District Court Judge Katherine Forrest sentenced Silk Road website founder Ross Ulbricht to life in prison.
Unsealed Transcript Shows How Judge Justified Ross Ulbricht's Life Sentence
Evander Smart
2015-10-09T16:57:48+01:00
2996
The U.S. Marshals Service has announced the final auction of 44,341 BTC seized from Ross Ulbricht during the Silk Road investigation, which will take place duri...
U.S. Marshals Hold Final Auction of Silk Road Bitcoins (for Cash Only)
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2015-10-06T13:30:10+01:00
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Diamond, which is believed to be an online alias of an unknown corrupt FBI agent, has been threatening to kill Silk Road Architect Variety Jones and torture Ros...
FBI Agent Threatens to Kill Silk Road Architect, Ulbricht’s Family for Bitcoin
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2015-09-28T12:17:58+01:00
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