Carl Force, a DEA agent who helped bring down online black market The Silk Road whilst also plundering hundreds of thousands of dollars in Bitcoin will be spending the next 78 months in prison, a judge decided today.
One of the two government officials charged with some shady dealings during the investigation of Silk Road pleaded guilty today. Carl Force used to work for the DEA and during the course of his investigation was doing things that might even make the darknet blush.
Online drug sales gained notoriety thanks to the Silk Road market, but the buying and selling of illegal mood-altering substances through computers goes a lot farther back. In fact, the very first online transaction was a drug deal.
Ross Ulbricht, the California hippie convicted for founding notorious online drug market Silk Road, has been sentenced to life in prison.
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 …
Two former federal agents who investigated the Silk Road, the infamous online drug marketplace seized by the FBI in 2013, have been charged for their own outrageous digital crimes, including stealing money they acquired on their druggie undercover assignment.
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…
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…
Last month, it took a jury of peers just four hours to convict Ross Ulbricht on seven counts related to his running of The Silk Road. But Ulbricht isn't giving up that easy — his lawyer has applied for a do-over.
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…
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…
The Silk Road trial verdict is in: Ross Ulbricht is the drug-trafficking criminal mastermind Dread Pirate Roberts, at least in the eyes of the Federal Court of Manhattan. Ulbricht has been found guilty of running the infamous darknet drug bazaar.
Is there a difference between "Yep" and "Yep :)" when you chat online? Seems like an odd quibble to focus on during the biggest drug trial of the decade, but it's not trivial. The meaning of internet-speak cuts to the heart of the Silk Road trial.
Here's some not-so-surprising news for you: federal prosecutors apparently think it's perfectly fine to hack into American citizens' computers without first obtaining a warrant. After all, that's how they caught Silk Road kingpin Ross Ulbricht.
If there's one thing cops don't like, it's being disrespected. So when some renegade launches a clone of Silk Road, the underground drug marketplace that Feds recently shut down, they're just begging to get arrested. They even made the homepage a spoof of an FBI-seized domain. That's disrespectful!
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.
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…
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?
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.