Silk Road Shut Down, Alleged Owner Arrested
The Silk Road, the largest black market site on the Tor network, has been shut down by the United States' Federal Bureau of Investigation, and its alleged owner, Ross William Ulbrecht, arrested in San Francisco and charged with narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy. With the closure of the site, the....
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Silk Road's alleged owner Ross William Ulbricht, aka 'Dread Pirate Roberts', has been arrested with reports also claiming the online black market has been shut down by the FBI. Currently, the site, which is operated as a Tor hidden service and is famously used by some bitcoin users to buy drugs, displays a notice stating that the site has been seized. The notice currently displayed on the Silk Road site. According to court documents published on journalist Brian Krebs' website Krebs on Security, Ulbricht was arrested as he "intentionally and knowingly did combine, conspire, confederate and....
Silk Road 2.0 has reimbursed over half its users since the February heist and has no plans to stop. It seems like Silk Road is far more resilient than most people thought. Back in May 2013, Silk Road went down due to a sustained DDoS attack, but site admins were soon able to restore the service. Then in October 2013, the United States FBI shut down the illegal online drug marketplace and arrested the site's owner - Ross Ulbricht, formerly only known as “Dread Pirate Roberts”. Many Silk Road users feared that the site was gone for good, but on 6 November 2013, site admins launched “Silk....
The Federal Bureau of Investigation (FBI) together with the US Attorney for the Southern District of New York have announced that they have arrested 'Defcon', the operator of illicit black market website Silk Road 2.0. At press time, the Silk Road 2.0 marketplace was no longer operational, with the website displaying a disclaimer that it had been taken down by Europol, Eurojust, the FBI, US Department of Justice and US Immigration and Customs Enforcement. Authorities arrested 26-year-old San Francisco native Blake Benthall yesterday in his home city. He will appear in federal court today....
Four men in the UK have been arrested over their alleged roles in the online marketplace Silk Road. One of the suspects is in his 50s and from Devon while the others are in their early 20s and are from Manchester. They were detained by officers of the new National Crime Agency (NCA) shortly after the FBI arrested Ross Ulbricht - the suspected creator of Silk Road. The NCA has warned that other people in the UK suspected of being "significant users" of Silk Road will be arrested over the coming weeks. Keith Bristow, director general at the NCA, said: "These arrests send a clear message to....
A year has passed since the FBI shut down black marketplace Silk Road and arrested its alleged founder, Ross William Ulbricht. Much has happened in the bitcoin world since these events, yet the shadow of Silk Road still hangs over the industry. Twelve months later, it remains an influence on bitcoin's mainstream perception, the proposed regulation targeting the industry and the entrepreneurs and developers working in the space. Whether you believe Silk Road to be another speed bump on bitcoin's road to mass adoption or a black mark that could threaten its future, it is never far from the....