Imprisoned Silk Road founder causes a stir with NFT drop

Imprisoned Silk Road founder causes a stir with NFT drop

Those who support him hope he raises enough money to fulfill his personal and charitable needs, while others don’t think he should be selling NFTs at all. Ross Ulbricht, founder of defunct dark web marketplace Silk Road, has created a stir by announcing he will auction off his series of nonfungible tokens (NFT) starting Dec. 2.The imprisoned early Bitcoin adopter announced via his supporter operated Twitter account on Dec. 1 his plans to auction the Ross Ulbricht Genesis Collection on Superare NFT marketplace from Dec. 2-8. The collection consists of 11 works of art Ulbricht handmade, then....


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Silk Road Timeline

The FBI shut down black marketplace Silk Road a year ago. This hidden website was used for the sale and purchase of items and services such as drugs, weapons, fake passports and other forged documents. To refresh your memory of the full Silk Road story, check out our interactive timeline below: This article is part of CoinDesk's Silk Road: One Year On series. Keep checking back for new additions to the series. Road. Silk RoadTimelines

A Sober Look at the Silk Road amid Changing Drug Laws

A proliferation of illegal activities admittedly took place on darknet Silk Road marketplace. Very quickly, politicians like Charles Schumer took aim at the Silk Road. Brought down in 2013 by law enforcement, the Silk Road did put an idea into society that is likely here to stay; distributed e-commerce, anonymous and peer-reviewed as can be through the use of digital currency. At its heart: Bitcoin. A digital currency founded in 2008 by an unknown developer, who goes by the name Satoshi Nakamoto, that allows for pseudonymous transactions. Ross Ulbricht, convicted Silk Road founder,....

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If reports are to be believed, a new version of the online drug marketplace Silk Road - "Silk Road Reloaded" - has been launched recently. It is only a coincidence that the new Silk Road's introduction arrived only after the death of its predecessor Silk Road 2. In fact, our research revealed that Silk Road Reloaded was in development for over a year. This somewhat indicates that the makers of previous versions may not be backing this new project after all. And it reflects in the outcome as well. Silk Road Reloaded apparently uses "I2P" instead of the Fed's favorite Tor. I2P stands for....