Mt. Gox Bitcoin Exchange Denies Accusations of Involvement With Silk Road
On Monday, The Genesis Block posted an article titled: "Mt. Gox Seizures Linked to Silk Road in Fed Testimonies". In that post, links between the now-defunct Silk Road and Mt. Gox are drawn: The $5.5M seized 'as a result of the ongoing investigation' into Silk Road isn't explicitly tied to Mt. Gox by the DHS statement, but when considered in conjunction with other data points it becomes clear that the two are almost certainly directly related. Mt. Gox has apparently taken notice, quickly taking to their website to swat down any accusations of the sort. Therein: Recently published media....
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Mt. Gox has just issued a public statement denying any reported linkage to the Silk Road. The media report Gox refers to is presumably this piece on The Genesis Block. TGB reports that the Gox account seizures enacted by US regulators in 2013 were related to the Silk Road investigation. At the time, it was widely reported (perhaps as a smokescreen) that accounts were seized due to violation of money transmission regulations. Mt. Gox's press release reads as follows: TOKYO - JAPAN - January 14, 2014. Dear CustomersRecently published media accounts are inferring a link between MtGox and the....
Beleaguered crypto exchange, Binance, has released a statement in which it denies accusations that provides financial advice or renders any intermediary services. In a statement released on Twitter less than 24 hours after the Financial Sector Conduct Authority (FSCA)’s warning, the crypto exchange also denies having any ties or links to the organization “Binance Group.”
Binance Not Associated With Binance Group
Instead, Binance suggests in its September 3 Twitter thread that the FSCA might have erred when it issued the warning. The thread explained:
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The alleged involvement of another corrupt agent in the investigation of Ross Ulbricht and the Silk Road raises questions about evidence suppression. The closure of Silk Road followed by Ross Ulbricht’s arrest and conviction has been one of the high-profile cases in the history of Bitcoin. The involvement of corrupt agents in the investigation created a backlash to the agencies involved in the Silk Road investigation namely, the Drug Enforcement Administration (DEA) and the US Secret Service. After two agents, Carl Force (DEA) and Shawn Bridges (Secret Service) were found guilty of....
The latest reincarnation of the deep web marketplace, in the form of Silk Road 3.0 is started by the people behind Crypto Market. Will they be able to live up to the expectations? Silk Road is reincarnated for the fourth time. The deep web marketplace is back online after its predecessors were forcibly shut down by the law enforcement agencies resulting in the creator’s arrest and incarceration. Silk Road used to be a network of trade routes traversing through the whole of Asian continent to connect with the Mediterranean Sea. It originally got its name for being the route taken by the....
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