Archive | silk road

Money Raised From Silk Road Bitcoins Is Now Property of the US

Most cryptocurrency enthusiasts will recall how the US Justice Department seized over 144,000 BTC during the Silk Road shutdown. Said bitcoins have always belonged to Ross Ulbricht, who argued the money didn’t belong to the DOJ in the first place. Unfortunately, his appeal was rejected, effectively netting the government institution a US$48 million payday. It’s another […]

Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. Marshals

Back in 2015 two rogue U.S. Secret Service agents, Shaun Bridges and Carl Mark Force, were caught and sentenced to prison for stealing funds while investigating the first high profile darknet market the Silk Road. Now according to reports, Shaun Bridges plead guilty on August 15 for moving 1,600 bitcoins of seized bitcoins confiscated by federal […]

Law Enforcement Takes Down the Biggest Darknet Market on the Deep Web

According to various reports the largest online marketplace located on the deep web, Alphabay, was seized by International law enforcement. Also read: August 1 and the Potential Disruption of the Bitcoin Network The Biggest Darknet Market on the Deep Web Has Been Shut Down By International Authorities On July 11 Bitcoin.com reported on the Alphabay darknet […]