The Bizarre Schemes of the Silk Road Investigator Who Broke Bad 

Two former federal agents have been charged with fraud and money laundering while they were working on a task force devoted to bringing down infamous online drug bazaar Silk Road, and the charges paint a picture of a 15-year DEA veteran going rogue in such an over-the-top fashion that it's hard to believe this isn't … » 3/30/15 5:40pm 3/30/15 5:40pm

Drugs or Anarchy? Deep Web Documentary Defends the Silk Road 

It took less than four hours for jurors to agree that Ross Ulbricht was the man behind the persona of Silk Road kingpin Dread Pirate Roberts, responsible for running an infamous online drug empire. It takes Deep Web, a new documentary about the Silk Road trial, less than two hours to poke apart the narrative… » 3/18/15 11:00am 3/18/15 11:00am

Why a Silk Road Retrial Is Necessary 

It only took a few hours for a jury to convict Ross Ulbricht of running the infamous online drug marketplace Silk Road, so the urge to write off Ulbricht's lawyer's bid for a retrial as a desperate move is understandable. But desperate or not, a retrial is important, and it should be granted. Because the FBI evidence… » 3/09/15 10:40am 3/09/15 10:40am

You Can Bid on Silk Road Boss Ross Ulbricht's $11 Million Bitcoin Stash

If you've always wanted to dabble in cryptocurrency speculation but you were just waiting until you could acquire some Bitcoin that you knew was FOR SURE used in digital drug deals, I have some good-ass news for you: the United States Marshals Service is auctioning off 50,000 Bitcoins seized from Ross Ulbricht's… » 2/18/15 3:35pm 2/18/15 3:35pm

How the Silk Road Trial Could Lead to a Dangerous Legal Precedent

The Silk Road trial is over. A jury found Ross Ulbricht guilty on all seven charges, including money laundering, drug trafficking, and the "kingpin" charge. That's not just bad news for Ulbricht, who faces life in prison. His trial could help establish a dangerous precedent, which could allow law enforcement to… » 2/06/15 2:55pm 2/06/15 2:55pm

The FBI Just Scooped up $28.5 Million in Bitcoin from Silk Road

As of Friday afternoon, the FBI had managed to seize 144,000 bitcoins from Silk Road's founder. Worth some $28.5 million in current exchange rates, that's the largest ever seizure of the cryptocurrency. But based on the Bitcoin trail uncovered in recent weeks, over $50 million could still be missing. » 10/25/13 4:03pm 10/25/13 4:03pm

Bitcoin Seized From Silk Road Is In A Highly Prankable FBI Wallet

Ross Ulbricht's arrest last week included an FBI seizure of about 26,000 Bitcoins. But you can't just stick Bitcoins under your mattress. Even if you're the FBI they have to be in a wallet somewhere. And people know where. Internet denizens found the wallet and have been contributing tiny sums, we're talking… » 10/06/13 6:13pm 10/06/13 6:13pm

Silk Road Kingpin Apparently Hid a Stash of $80 Million in Bitcoin

Ross Ulbricht, the recently arrested mastermind behind Silk Road, appeared in court today where his lawyer begged for more time before the detention hearing. The judge said he didn't "know what you're going to accomplish in the next several days." Maybe move some of his massive stash of hidden Bitcoin? » 10/04/13 4:09pm 10/04/13 4:09pm

Actually, the Alleged Silk Road Kingpin Hired a Hitman TWICE

There was already a lot of evidence that alleged Silk Road founder Ross Ulbricht (a.k.a. Dread Pirate Roberts) was not the world's greatest guy, and the condemning information just keeps rolling in. Newly surfaced legal documents say that the 29-year-old ordered not one but two hits on former associates. » 10/03/13 10:17am 10/03/13 10:17am

Feds Seize Silk Road, Everybody's Favorite Illegal Drug Website

Once upon a time, you could sign on to Silk Road and buy everything from LSD to Moon Rock molly with Bitcoin. That time is now over because the FBI along with a few other federal agencies have seized the domain and shutdown the drug-dealing site. The only question is, what took them so long? » 10/02/13 11:46am 10/02/13 11:46am