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

The 6 Biggest Bitcoin Heists in History

Ever since a single Bitcoin became worth a small fortune, there have been people trying to steal them. Sure, there have some small-time thieves who've stolen a few hundred dollars worth of Bitcoin here and there. But there have also been heists. Massive, highly orchestrated attacks that lead to millions of dollars… » 2/27/14 1:00pm 2/27/14 1:00pm

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

Why You Can't Blame Bitcoin for Silk Road Shadiness

The man alleged to be "Dread Pirate Roberts," the founder and operator of the Silk Road—an online marketplace where bitcoins were traded for a range of goods and services, including drugs—was arrested by the FBI in San Francisco Wednesday. The criminal complaint, released today, provides many details about how the… » 10/05/13 5:00pm 10/05/13 5:00pm

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