Offenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence.
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.
FreeRossDAO buys the Silk Road founder's NFT created from prison and auctioned off via SuperRare to fund future efforts to free Ulbricht.6594
Those who support him hope he raises enough money to fulfill his personal and charitable needs, while others think he shouldn’t be selling NFTs at all.14221
Regulatory scrutiny from around the world has forced the cryptocurrency exchange to up its compliance and auditing measures.3060
A crypto-funded TV comedy series intends on releasing a full episode as an NFT.16912
Anonymous sources claim that President Trump is sympathetic to the Free Ross campaign and is considering clemency for the Silk Road founder.11778
The film will reportedly focus on what led to Ross Ulbricht’s arrest as the founder of the darknet marketplace.4929
The Silk Road saga gets more airtime on the latest CBS News documentary7655
With the election taking all the air out of the room, we look at what new appointments at the DoJ could mean.6036
The move follows widespread crackdowns by the DoJ on crypto.13884
CipherTrace speculated that the anonymous user made the transactions “to stay up to date with the Bitcoin network,” but it may have been hacked.68875
The charges are reminiscent of events that took place during the "Silk Road" saga.7213
And how much did Satoshi Nakamoto contribute to the 'Zombie' fund?6656
A billboard demanding for the release of Silk Road founder Ross Ulbricht will reside in Times Square for several months.10011
Why is Bitcoin popular among cybercriminals, and what is the future of cryptocurrencies in the darknet?13373