Silk Road News

The Silk Road was a darknet market best known as a platform for selling illegal goods. It operated as a Tor hidden service to exclude traffic monitoring, which was convenient for criminals to deliver their services through the network. Silk Road was launched in February 2011 and already had 10,000 products for sale 70% of which were drugs by March 2013.

Although there were a lot of illegal products on the site, there were also restrictions: child pornography, stolen credit cards, assassinations, and weapons of any type were banned for sale and exchange. The site provided some legal goods as well, such as apparel, art, books, cigarettes, erotica, jewelry, and writing services.  

The Silk Road was shut down in October 2013 by the FBI, whose agents also arrested Ross William Ulbricht, the founder of the system. There were two attempts to recreate the Silk Road, but both of them have been unsuccessful. The latest news on the Silk Road promises no further attempts.

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It’s not everyday a billionaire calls for the release of a criminal. Tim Draper’s doing it twice.
Tim Draper Calls For Ross Ulbricht’s Release: ‘We Need Entrepreneurs Like That Guy!’
Dylan Love
The prosecutor for the Silk Road case says that the fiat-dominated financial system is inept at tackling the very thing it purports to worry about when it comes...
Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted
Marie Huillet
Danny Scott, CEO of Isle of Man-based BTC exchange CoinCorner, said that Bitcoin is no longer desirable option criminals.
Bitcoin No Longer Desirable Option for Criminals, Says CoinCorner CEO
Helen Partz
Authorities have arrested alleged Silk Road drug trafficker Hugh Brian Haney per an announcement from a New York district attorney.
Alleged Silk Road Drug Dealer Arrested in the United States
Adrian Zmudzinski
The Irish High Court has ruled that a convicted man’s crypto, which was discovered after the initial investigation and sentencing, could be confiscated as “proc...
Local Media: Irish High Court ‘Breaks New Ground’ by Ruling Convict’s Crypto ‘Proceeds of Crime’
Ana Berman
Bitcoin was brought to life in Satoshi Nakamoto’s white paper 10 years ago and Cointelegraph takes a look at the whirlwind decade since its inception.
A Brief History of Bitcoin: 10 Years of Highs and Lows
Gareth Jenkinson
As Bitcoin celebrates the 10th anniversary of its white paper, Cointelegraph explores the various influences that breathed life into cryptocurrency.
Bitcoin White Paper – 10 Years Since Satoshi’s Vision Was Brought to Life
Gareth Jenkinson
Ross Ulbricht, currently serving a life sentence for his participation in the now-closed Silk Road marketplace, has his sentence review denied by the Supreme Co...
Silk Road’s Ross Ulbricht Denied Review of Prison Life Sentence by Supreme Court
Molly Jane Zuckerman

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