Silk Road: Last Man Standing Should Expect the Worst
The lawyer who defended Peter Nash, one of the three men indicted on charges of conspiracy to distribute narcotics, commit computer hacking, and commit money laundering in the Silk Road has hinted at a no mercy sentencing for the third accused person. Andrew Frisch says 27-year-old Irishman, Gary Davis, an alleged Silk Road admin, is unlikely to avoid a “severe” prison sentence as the last of the three men to face charges with no new information to reveal to the US police. Nash, Davis and Andrew Jones were the three arrested moderators of Silk Road — a site that distributed large amounts....
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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
If reports are to be believed, a new version of the online drug marketplace Silk Road - "Silk Road Reloaded" - has been launched recently. It is only a coincidence that the new Silk Road's introduction arrived only after the death of its predecessor Silk Road 2. In fact, our research revealed that Silk Road Reloaded was in development for over a year. This somewhat indicates that the makers of previous versions may not be backing this new project after all. And it reflects in the outcome as well. Silk Road Reloaded apparently uses "I2P" instead of the Fed's favorite Tor. I2P stands for....
Ross Ulbricht will no longer be standing trial on November 10th, 2014 for his alleged part in the Silk Road underground marketplace. Instead, Wired Reporter Andy Greenberg has reported that the trial has been delayed by two months, to January 2015. Ross Ulbricht faces multiple charges of drug trafficking, computer hacking, money laundering, and "continuing a criminal enterprise." The charges are serious to say the least. Silk Road, an infamous Deep Net marketplace billed as "Amazon for drugs," was taken offline by joint government agency action in October of 2013. On that day, the FBI....
The bitcoin community has been having some fun with the FBI, after it discovered the bitcoin address that the agency has been using to transfer Silk Road bitcoins to its own wallet. Pranksters have been sending tiny transactions to the address, giving them a chance to attach personal messages to the feds. The FBI had already seized 26,000 bitcoins that had been held in escrow for Silk Road customers. It registered a bitcoin address using blockchain.info, which has a feature enabling people to attach notes if they send bitcoins using its wallet. Among advertisements for bitcoin exchanges,....