Silk Road Trial: FBI Traced $13.4M in Bitcoin to Ross Ulbricht’s Laptop
A former FBI agent testified that he directly traced millions in bitcoin to the laptop of Ross Ulbricht, the man behind the online black marketplace Silk Road.
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A former FBI agent testified that he directly traced millions in bitcoin to the laptop of Ross Ulbricht, the man behind the online black marketplace Silk Road.
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Ross Ulbricht, the creator of the Silk Road online black marketplace, is facing a number of federal charges related to allegations that he facilitated the illegal activity of marketplace users.
The major UK banks warned bitcoin could negatively impact the financial system and currency in a submission to the UK Treasury.
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The alleged owner of online black market Silk Road may experience life in prison if convicted in a trial where the members of the jury will hear accusations.
Bitcoin exchange Bitstamp confirmed Monday, January 06, 2015, about $5 million in bitcoins was stolen from its hot wallets. The exchange was taken offline after the theft of 18,866 bitcoins was discovered.