The History of Silk Road: A Tale of Drugs, Extortion & Bitcoin
FBI claims largest Bitcoin seizure after arrest of alleged ...
Man accused of laundering millions in bitcoin from Silk Road
all your Silk Road discussions
A community for discussion of the history of & research on the now-defunct darknet markets Silk Road 1 & 2, and topics such as arrests of their users, Ross Ulbricht's legal case, the status of Blake Benthall, privacy etc. Post non-SR reviews, crypto or anonymity, or specific site questions to their respective subreddits. Noobs please check out our FAQ/sidebar before posting, as well as /DarkNetMarketsNOOBS. Attempts to purchase or or offer for sale product is *strictly* forbidden.
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What happened to the rest of the Silk roads bitcoin?
I’ve looked for a few articles on this topic, but it seems only 144k btc were ever collected. The site collected 600k+ according to its back end? It’s stated that Ross Ulbricht, the guy found logged in moved btc a week prior to getting caught on another computer that’s never been found. I find it hard to believe this guy just had one or two stashes. Anyone have any legit theory’s not just conspiracy theories or is this guy just sitting on some massive hidden stash that neither he or his family can’t touch?
During its early days, Bitcoin was widely associated with the Silk Road, an online dark-net marketplace, where users could purchase weapons and illegal drugs anonymously. The saga of Silk Road undoubtedly provided significant exposure to the idea of bitcoin and decentralized currencies. Although this left a bad impression in the minds of many who viewed bitcoin as a vehicle for crime, Silk Road also provided an example of how bitcoin could function in the real world, proving that a decentralized currency was ... Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s most notorious site whose reputation extended all the way to ... The creator of Silk Road, Ross Ulbricht (aka Dread Pirate Roberts) had challenged the legality of the bitcoin forfeiture. Nearly six years later, an Ohio man was arrested Thursday on charges of trying to launder more than $19 million worth of bitcoin he allegedly earned via drug deals on Silk Road.
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