Feds seize hefty Bitcoin haul during Silk Road smackdown

Apollo702
Posts: 1213
Joined: Thu Sep 12, 2013 4:40 pm

RE: Feds seize hefty Bitcoin haul during Silk Road smackdown

Post by Apollo702 » Thu Oct 10, 2013 11:29 am

What got Silkroad taken down is the owner made some rookie mistakes- and then tried to put out a hit on someone and got caught. From there on out the authorities had him.

NotBuyingIt
Posts: 6537
Joined: Fri Mar 11, 2011 6:21 pm

RE: Feds seize hefty Bitcoin haul during Silk Road smackdown

Post by NotBuyingIt » Wed Feb 04, 2015 9:05 pm

http://www.pcworld.com/article/2051367/feds-seize-hefty-bitcoin-haul-during-silk-road-smackdown.html

U.S. drug enforcement officials removed a long-standing thorn in their side Wednesday, as the FBI seized the notorious Silk Road trading site and filed charges against Ross William Ulbricht...."
 

(04-February-2015 21:01 UTC) REUTERS: U.S. jury convicts accused Silk Road operator Ross Ulbricht on all counts

http://www.reuters.com/article/2015/02/04/us-usa-bitcoin-trial-idUSKBN0L82H920150204
... Ulbricht [was found] guilty of charges including drug trafficking, and conspiracies to commit money laundering and computer hacking. Ulbricht faces up to life in prison. "

hotdoge3
Posts: 1638
Joined: Sat Jan 03, 2009 9:14 pm

RE: Feds seize hefty Bitcoin haul during Silk Road smackdown

Post by hotdoge3 » Thu Feb 05, 2015 6:51 am

https://en.wikipedia.org/wiki/Silk_Road_%28marketplace%29

for now best not to go?

http://www.cbc.ca/news/technology/ross-william-ulbricht-silk-road-operator-convicted-on-7-charges-1.2945370

Ross William Ulbricht, Silk Road operator, convicted on 7 charges
Prosecutors argued drug dealing made up nearly all of Silk Road's sales

Lyn Ulbricht, his mother, exited the courtroom complaining that the defence had been barred from putting on evidence that would help her son.

"It was not a fair trial. It was not an even playing field, and I think that's a tragedy," she said.

Ulbricht faced no murder charges in New York, but still awaits trial in Baltimore in a murder-to-hire plot.

His sentencing in New York is scheduled for May 15, and some of the charges carry a maximum of life in prison.

http://mashable.com/2015/02/04/ross-ulbricht-guilty-silk-road/

The digital records against Ulbricht: thousands of pages of emails, chats and — perhaps most damning — a private journal he kept on his laptop.

http://www.bbc.co.uk/news/world-us-canada-26037129

He was arrested last year as the site was shut down by the FBI. Officials seized 173,991 Bitcoins ($150m) as part of the investigation.

hotdoge3
Posts: 1638
Joined: Sat Jan 03, 2009 9:14 pm

RE: Feds seize hefty Bitcoin haul during Silk Road smackdown

Post by hotdoge3 » Mon Feb 09, 2015 10:16 pm

http://www.justice.gov/usao/nys/pressreleases/November14/DarkMarketTakedown.php

Websites Seized in the Operation Include Underground Markets Trafficking in Illegal Drugs, Firearms, Stolen Credit Cards, Fake Passports and IDs, Computer-Hacking Services, and Counterfeit Currency

http://insidebitcoins.com/news/operation-onymous-a-minor-skirmish-in-the-battle-against-darknet-markets/26703

The largest darknet marketplaces are still online

It’s also interesting to note that Silk Road 2.0 was not the largest darknet marketplace at the time of its seizure. That honor is reserved for Evolution, and Agora is another marketplace that wasn’t too far behind Silk Road 2.0 in terms of vendors.

http://www.wired.com/2014/09/dark-web-evolution/

The Dark Web Gets Darker With Rise of the ‘Evolution’ Drug Market

http://gizmodo.com/here-are-all-the-dark-net-markets-seized-in-operation-o-1656541553

I asked the spokesperson for Tor if the organization knew how any breaches occured. "We have no information. Any thoughts are merely speculation," they told me.

Here's the full confirmed list of sites shuttered, let me know if you've seen any others:

http://cointelegraph.com/news/112921/darknet-hackers-retake-control-of-seized-doxbin-from-fbi

Darknet Hackers Retake Control of Seized Doxbin from FBI

http://www.dailydot.com/politics/doxbin-dark-net/

spectre
Posts: 7921
Joined: Sun May 03, 2009 10:43 pm

RE: Silk Road Creator Ross Ulbricht sentenced to life in prison

Post by spectre » Sat May 30, 2015 4:29 am

On Friday Ulbricht was sentenced to life in prison without the possibility of parole for his role in creating and running Silk Road’s billion-dollar, anonymous black market for drugs. Judge Katherine Forrest gave Ulbricht the most severe sentence possible, beyond what even the prosecution had explicitly requested. The minimum Ulbricht could have served was 20 years.

“The stated purpose [of the Silk Road] was to be beyond the law. In the world you created over time, democracy didn’t exist. You were captain of the ship, the Dread Pirate Roberts,” she told Ulbricht as she read the sentence, referring to his pseudonym as the Silk Road’s leader. “Silk Road’s birth and presence asserted that its…creator was better than the laws of this country. This is deeply troubling, terribly misguided, and very dangerous.”

In addition to his prison sentence, Ulbricht was also ordered to pay a massive restitution of more than $183 million, what the prosecution had estimated to be the total sales of illegal drugs and counterfeit IDs through the Silk Road—at a certain bitcoin exchange rate—over the course of its time online. Any revenue from the government sale of the bitcoins seized from the Silk Road server and Ulbricht’s laptop will be applied to that debt.


Read more at [url=http://www.wired.com/2015/05/silk-road-creator-ross-ulbricht-sentenced-life-prison/ t=_self]wired.com[/url]

Ivan Blue
Posts: 201
Joined: Thu Jun 28, 2012 9:54 pm

RE: Feds seize hefty Bitcoin haul during Silk Road smackdown

Post by Ivan Blue » Sat May 30, 2015 9:31 am

He deserves his life sentence given that he tried to clear all his digital footprints (knowing exactly what he did was against the law) and has made millions of dollars out of the dark web...
I heard 6 people (teenagers) died of overdose after purchasing drugs on his website...

Source: http://www.bbc.co.uk/news/world-us-canada-32941060

NotBuyingIt
Posts: 6537
Joined: Fri Mar 11, 2011 6:21 pm

BBC: two more large dark web "markets" shut down

Post by NotBuyingIt » Thu Jul 20, 2017 8:46 pm

Recently, dark web markets over twenty times larger than Silk Road have been seized, secretly monitored and taken offline.

BBC:
AlphaBay and Hansa dark web markets shut down
20-July-2017
 
Two of the largest dark web marketplaces have been shut down following a "landmark" international law enforcement investigation.
The AlphaBay and Hansa sites had been associated with the trade in illicit items such as drugs, weapons, malware and stolen data.

...

A previous dark web marketplace, Silk Road, was shut down by the FBI in 2013 and a successor - Silk Road 2.0 - was deactivated the following year.
However, in its press release today the DoJ [USA Department of Justice] said that AlphaBay had more than 350,000 listings for illicit items of various kinds - Silk Road only had 14,000 when it was seized in 2013.
(Source: http://www.bbc.com/news/technology-40670010 )
 

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