Silk Road Moderator Faces Extradition to the US
IRELAND — The High Court will decide on the extradition of Gary Davis (27), from Johnstown Court, Kilpedder, on a mixed bag of hacking and laundering charges stemming from the Silk Road (SR) website. Davis, otherwise known as “Libertas,” was indicted in late 2013 with two others, Peter Nash and Andrew Jones “Inigo,” for being SR moderators. However, two....
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An Australian man prosecutors allege was one of the moderators of now-defunct online black market Silk Road will likely be sent to the United States for trial soon. Peter Phillip Nash, a former prison employee in Wacol, Queensland, is said to have operated via nicknames that included "Batman73" and "Samesamebutdifferent", on the notorious illicit goods marketplace that boasted an estimated $22m in annual sales. If the charges are true, Nash was one of the key actors working on Silk Road. According to the US District Court Southern District of New York indictment from December 2013, his....
Online black market Silk Road 2.0, the marketplace leader in drug listings and total listings, has revealed a new update on the status of its ongoing customer repayment efforts. The reimbursement plan was put in motion by Silk Road 2.0 after the site suffered a serious hack in February that resulted in the loss of 4,476 BTC in customer funds ($2.6m at then-market prices). Undeterred, Silk Road 2.0 proposed a seven-point plan that would find moderators going without payment and the site charging a markup on purchases to recoup the losses. Moderator Defcon issued a lengthy statement on a....
Is the United States Selling the Silk Road Bounty? From Tech Crunch: "The Silk Road moderator Gary Davis, aka Libertas, is officially free on bail and awaiting an extradition hearing on February 13. Irish and U. S. authorities arrested Davis on December 20 in an international operation that also nabbed Silk Road moderators Andrew Jones, aka Inigo, and Peter Phillip Nash, aka SameSameButDifferent." This is leading some to believe that the sell off in the markets today can be attributed to the selling of the bitcoins in these wallets. "A source in the DoJ said "authorities" have access to....
Online black market Silk Road 2.0 experienced a distributed denial-of-service (DDoS) attack last week, which forced the site's administrators to temporarily suspend services. News of the attack broke on bitcoin forums hours after it started, with the Silk Road team soon confirming the news via its own forums. For reasons that are less clear, black market Agora has faced outage issues problems of its own in the last few days. Silk Road remains defiant. Silk Road 2.0 moderator 'Defcon' issued a statement saying that the site was facing a "very sophisticated" DDoS attack using the most....
Microsoft and the U.S. government are in an ongoing battle over an Irishman allegedly involved in Silk Road wanted by the FBI on darknet drug charges, as reported by Deep Dot Web. The 27-year-old Irishman, Gary Davis, from Wicklow, is currently fighting an extradition case led by the FBI so that he can avoid facing charges for his alleged involvement in Silk Road, the illegal online marketplace. Mr Davis is alleged to have been an administrator on the website using the name ‘Libertas’ when the FBI shut it down in 2013. Silk Road was an online marketplace that worked on the darknet offering....