Mt. Gox Denies Links to Silk Road Narcotics Bazaar
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....
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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....
The Silk Road revolution will not be centralized. Photo via lakpuratravels. Ars Technica recently published an interview with the Dread Pirate Roberts of "Silk Road 2.0", and one of the main points DPR 2.0 made at the end of the interview was that this underground marketplace is a small part of an overall revolution in decentralization. I recently wrote about the ideas of decentralized marketplaces and how they could affect eBay and Amazon, but these marketplaces also play a role when it comes to advancing the philosophy behind Silk Road. It's just a matter of time before this new version....
Silk Road Drug Bazaar Gave Bitcoin & The TOR Project A Bad Name! Written By: Patrick 'PK' McDonnell. Jon Bon Jovi said it best in 1986, "You give love a bad name (bad name), you give lovvvvvve a bad nammmmmme....." It's late 2015, the aftermath of Silk Road's use of Bitcoin via The TOR Project for crimes created a subliminal mainstream rejection in many minds dismissing Bitcoin as a criminal tool & TOR as a playground for hackers with no use to everyday internet users. Yet these 2 tools are the solution to many problems we face in a world of ever-changing technology with a record increase....
In what may be facetiously called the surprise of the century, a new version of the now-famed 'Silk Road' deep web narcotics exchange emerged Wednesday, dubbed aptly as 'Silk Road 2.0.'. The site, accessible via Tor, is reported to sport the familiar interface that the first iteration of Silk Road had before it was shut down in a major bust by the U. S. government. "This hidden site has risen again," it declares boldly on the home page, seemingly poking fun at the Federal notice (seen in the screen shot above obtained by Forbes. According to CoinDesk, "the 'profile' page has been updated,....
On February 4, 2015, a young man named Ross Ulbricht was convicted of seven charges laid in a U. S. Federal Court in Manhattan. On May 29, 2015, he was sentenced to life in prison for his crimes. He was accused of being the owner and operator of the Silk Road website, the most popular online drug marketplace. The indictment charged Ulbricht in seven counts, including narcotics trafficking, narcotics trafficking by means of the Internet, conspiring to commit narcotics trafficking, engaging in a continuing criminal enterprise, conspiring to commit or aid and abet computer hacking, conspiring....