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

Feds Caught the Silk Road Mastermind With... A Google Search

"Dread Pirate Roberts," the mastermind behind the online drug market Silk Road, seemed like a smart dude. He amassed a multimillion dollar fortune in drug money in just a few years! And he did it using the deep web and cryptocurrency usually associated with sophisticated cybercrime. But if 30-year-old self-styled… » 1/30/15 12:15pm 1/30/15 12:15pm

I2P: The Super-Anonymous Network That Silk Road Calls Home

The infamous Silk Road resurrected itself like a junkie phoenix this month, leaving its long-time residence on Tor for a new anonymizing service called the Invisible Internet Project, or I2P. News of the high-profile dark market's new address nudged the little-known I2P into the spotlight. Now, after a decade in the… » 1/23/15 12:00pm 1/23/15 12:00pm

Silk Road Reloaded Ditches Tor for a More Anonymous Network

Trying to shut down Silk Road, and any of its many-headed hydra reiterations, seems to be the ultimate lesson in futility. According to Motherboard, a new version of the online black market, called Silk Road Reloaded, launched today on the I2p anonymous network, dealing with several altcoin currencies. » 1/11/15 3:20pm 1/11/15 3:20pm

The Full List of Dark Net Markets Shut Down by Operation Onymous

Last week, a coalition of international law enforcement agencies, including the FBI and Europol, carried out a widespread digital sting, arresting the alleged operator of the deep web black market Silk Road 2.0 and seizing over 400 URLs of other darknet bazaars. At least 27 sites have been confirmed as shuttered. » 11/09/14 10:05am 11/09/14 10:05am

Silk Road Bitcoin Auctioned Off to Guy Who Wants to Split Up California

When the FBI shut down illegal online marketplace the Silk Road, it seized a stash of 30,000 Bitcoin from the underground website and announced plans to auction the supply off. This week, venture capitalist and would-be California-splitter-upper Tim Draper won all of it, gaining an estimated $17.7 million in illicit… » 7/02/14 12:20pm 7/02/14 12:20pm