Federal Agents Face Arrest for Alleged Silk Road Bitcoin Theft
Two federal agents who took part in the US government's efforts to take down illicit online black market Silk Road have been charged with fraud for allegedly misusing funds denominated in bitcoin while on assignment. Perhaps most notably, the Department of Justice (DOJ) alleges special agent with the US Secret Service (USSS) Shaun Bridges "diverted" more than $800,000 in digital currency to his personal accounts without authorization during the investigation. Likewise, Drug Enforcement Administration (DEA) agent Carl Mark Force IV is purported to have "solicited and received" digital....
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Federal investigators have confirmed that another arrest has taken place in connection with black market website Silk Road 2.0. Acting US attorney Annette Hayes announced that Brian Richard Farrell, 26, was arrested on Tuesday on suspicion of being a "key administrator" of Silk Road 2.0 under the pseudonym "Doctor Clu". Farrell's arrest comes two months after Blake Benthall, the alleged leader of Silk Road 2.0 was arrested by federal authorities on counts of conspiring to commit drug trafficking, computer hacking, dealing in fraudulent documents and a count of money laundering conspiracy.....
Ross Ulbricht, founder of the infamous Silk Road drug market, will be remembered as one of bitcoin’s most relevant contributors, a man that grew bitcoin’s relevance to extraordinary levels, and became instantly popular following his arrest. Silk Road was a dark net market that ran on the TOR Network. At its peak, Silk Road accounted for 70% of all dark net drug sales. People wondered whether Ulbricht’s arrest was justified; consequently, his prison sentence became controversial as well. In the midst of the controversy it was later discovered that federal agents infiltrated the....
Following Ross Ulbricht's Silk Road conviction, extraordinary details have emerged about two of the investigating federal agents charged with extortion, fraud, and theft of bitcoins from the marketplace. With a shocking dossier of information now revealed, it is possible that the Feds might have had a role in the Mt Gox implosion. Two federal agents who took part in the Silk Road trial have been charged with fraud for allegedly embezzling bitcoin while on assignment. Secret Service agent Shaun Bridges, and Drug Enforcement Agency agent Carl Force, had both served as federal agents for....
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....
Irishman Gary Davis, 28, has been ordered to be extradited to the United States for his alleged participation with the Silk Road Marketplace. The Kilpedder in Co Wicklow resident was charged with two others of conspiracy to distribute illicit drugs, computer espionage, and money laundering charges. Irishman With Aspergers May Face Trial In New York For....