Tag: silk road

Apr 12 2021

FBI Using Bitcoin Mixers With Victims’ Assets

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...

Apr 08 2021

The Rise, Fall, and Aftermath of Silk Road

Apr 08 2021 Published at FullyCrypto under tags  bitcoin bitcoin news silk road

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...

Feb 11 2021

$3 Billion Silk Road Bitcoin Wallet Owner Identified?

Feb 11 2021 Published at FullyCrypto under tags  america bitcoin bitcoin news crime silk road

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...

Jan 20 2021

Ross Ulbricht Misses Out on Presidential Pardon

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...

Dec 24 2020

Ulbricht Pardon Chances Take a Knock

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...

Dec 18 2020

Silk Road Bitcoin Should Not be Sold Says Pierre Rochard

Dec 18 2020 Published at FullyCrypto under tags  america bitcoin bitcoin news crime silk road

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...

Dec 16 2020

Ross Ulbricht to Receive Clemency From Donald Trump?

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...

US President Trump May Pardon Silk Road Founder, Ross Ulbricht

Dec 16 2020 Published at Crypto Briefing under tags  bitcoin people ross ulbricht silk road

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...

Trump Plans to Pardon Silk Road Black Market Creator Ross Ulbricht

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

Silk Road’s Ulbricht Being Considered for Pardon by Trump: Report

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

Dec 14 2020

Sipulimarket Dark Web Site Shut Down and Bitcoin Seized

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...

Nov 06 2020

Government Seizes 69,730 Bitcoin ($1 Billion) Tied To Silk Road

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...

US Authorities Uncover Bitcoin Worth $1 Billion Linked to Silk Road

Nov 06 2020 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

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...

U.S. Govt. Seizes $1B in Bitcoin from Hacker of Darknet Marketplace Silk Road

Nov 06 2020 Published at Blockonomi under tags  bitcoin darknet darkweb marketplace security

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...

Huge Silk Road Bitcoin Seizure Solves Wallet Move Mystery

Nov 06 2020 Published at FullyCrypto under tags  america bitcoin bitcoin news crime silk road

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...

Nov 05 2020

The U.S. Justice Department to Auction Off More Than $1 Billion in Bitcoin

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....

Nov 04 2020

Anonymous Crypto User Moves $1 Billion of Bitcoin from Silk Road Wallet

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

Oct 01 2020

The Long and Winding Story of Silk Road, Bitcoin’s Earliest Major Application

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...

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