Tag: silk road

Reading Time: 2 minutes The FBI has been accused of using Bitcoin mixers when recovering stolen assets Bitcoin mixers aren’t actually illegal, although the DoJ has called them “a crime” Victims cannot be sure of just how much of their bitcoin was really recovered...

Reading Time: 6 minutes Silk Road was the first big illicit dark web marketplace It was taken down by the FBI in October 2013 and $28.5 million worth of bitcoin seized Silk road has had a long-lasting negative impact on how Bitcoin is viewed worldwide When you...

Reading Time: 2 minutes The owner of the wallet that held ₿69,370 which was seized by the IRS in November may have been identified Fortune has linked the wallet to Shaun Bridges, a former Secret Service agent who was imprisoned in 2015...

Reading Time: 2 minutes Ross Ulbricht has been denied a presidential pardon There were suggestions that outgoing president Trump was considering Ulbricht’s case The Silk Road founder will now have to wait for at least four years before another shot at freedom...

Reading Time: 2 minutes Ross Ulbricht’s chances of receiving a presidential pardon took a blow yesterday he was not among 15 individuals granted clemency by Donald Trump The outgoing president pardoned members of his inner circle and U.S. contractors accused of murder...

Reading Time: 2 minutes Pierre Rochard has called for U.S. Marshals to hold off from auctioning the ₿69,370 seized from a Silk Road hacker last month Rochard called for the authorities to retain the bitcoin as an alternative form of investment...

Reading Time: 2 minutes Jailed Silk road founder Ross Ulbricht could be granted clemency by outgoing president Donald Trump The Daily Beast reports that Ulbricht’s file has been with the White House and the president has shown sympathy in Ulbricht’s plight Ulbricht was...

U.S. President Trump is considering pardoning Ross Ulbricht, the founder of the darknet marketplace Silk Road. Trump to End #FreeRoss Campaign The Daily Beast...

The US President is reportedly considering a second chance for the founder of the world’s first modern darknet market.

President Trump might be considering a pardon for the notorious Silk Road figure.

Reading Time: 2 minutes Finnish-based dark web site Sipulimarket has been taken offline and its Bitcoin seized Sipulimarket took over from former dark web giant Silkkitie, which was closed in 2019 Finnish customs seized an unknown amount of bitcoin Finnish-based...

On November 5, 2020, federal prosecutors filed a civil complaint describing the seizure of 69,370 bitcoin (worth about $1.06 billion at the time of this writing) from an individual who was able to steal the funds from darknet marketplace Silk Road. According to the complaint, the funds were stolen from Silk Road across 54 previously undetected bitcoin transactions in 2012...

Silk Road, the infamous darknet marketplace known for selling illegal drugs and weapons back in the day is back in the news again amid Bitcoin's bullish burst. US law enforcement authorities have managed to make their largest cryptocurrency bust after confiscating $1 billion worth of Bitcoin associated with the Silkroad. U.S. Attorney David Anderson of The post US Authorities Uncover Bitcoin Worth $1...

The U.S. Department of Justice (DOJ) shut down the infamous Silk Road darknet marketplace back in 2013, yet the saga -- which has been intricately linked with bitcoin (BTC) since it was the platform's currency of choice -- continues to thicken. That's because earlier this week, the fourth-largest bitcoin wallet moved 69,369 bitcoins -- roughly [...] The post U.S. Govt. Seizes $1B in...

Reading Time: 3 minutes This week’s billion-dollar Silk Road Bitcoin seizure by the U.S. Treasury has helped answer questions about the fate of the site’s Bitcoin intake The Silk Road Bitcoin haul reached over 600,000 at the time of the site’s closure in 2013 The recent...

The U.S. Justice Department has captured and is now looking to auction thousands of bitcoins attached to the dark web market Silk Road, with the holdings estimated at more than $1 billion....

The user moved 69,370 Bitcoin from the address for the first time since 2015.

This article originally appeared in Bitcoin Magazine's 10th anniversary print edition. Silk Road, the online marketplace named for the historic network of trade routes established during the Han Dynasty, went live in February 2011. Its domain was accessible only on the so-called “dark...