Silk Road

An online black marketplace and the first modern darknet market, best known as a platform for selling illegal drugs. The Federal Bureau of Investigation (FBI) shut down the website in October 2013, and arrested Ross William Ulbricht under charges of being the site’s pseudonymous founder ‘Dread Pirate Roberts’. Ulbricht was convicted of seven charges related to Silk Road in U.S. Federal Court in Manhattan and was sentenced to life in prison without possibility of parole. Here’re the latest news related to Silk Road.

U.S. Prosecutors Accuse Shaun Bridges of Additional Bitcoin Theft In Silk Road Case
February 25th, 2016

The new evidence has been discovered during the search of Bridges’s house.

January 13th, 2016

Ulbricht’s defense team filed a multipage argument with a list of improprieties and abuses in Ulbricht’s investigation and trial.

November 29th, 2015

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November 13th, 2015

The final auction of confiscated Silk Road bitcoins resulted in four winners, the U.S. Marshals Service spokesperson said on Thursday.

November 10th, 2015

New York-based bitcoin exchange itBit won five blocks of the digital currency which is equal approximately to 10,000 bitcoins.

November 6th, 2015

The United States Marshals Service has sold the last 44,000 bitcoins seized from the Silk Road marketplace.

November 3rd, 2015

The US Marshals Service plans to auction off the final chunk of 44,341 bitcoins confiscated from the Silk Road online dark market.

October 20th, 2015

Corrupt Silk Road DEA Agent was charged for stealing Bitcoins during the government’s investigation of Silk Road.

September 1st, 2015

Shaun Bridges, a former Secret Service agent, pleaded guilty on Monday to diverting to his personal account over $800,000 worth of bitcoins during an investigation into online black marketplace Silk Road.

July 2nd, 2015

On Wednesday, Carl Mark Force, a former DEA agent, pleaded guilty to obstruction of justice during the two years he spent investigating the drug-dealing website Silk Road.

2 Former U.S. Agents Charged with Stealing Bitcoin During Silk Road Trial
March 30th, 2015

Two federal agents were charged with stealing the cryptocurrency, while conducting an investigation of the Silk Road marketplace.

Silk Road Auction Results: Two Anonymous Bidders Won 47,000 Bitcoins
March 10th, 2015

The U.S. Marshals Service (USMS) has recently announced the results of its third auction for another set of Bitcoins confiscated from the Silk Road marketplace.

US Marshals Service Concludes the 3rd Auction, Bitcoin Prices Are Not Below Market
March 7th, 2015

On March 5, 2015, the US Marshals concluded its third auction of bitcoins seized from Ross Ulbricht.