The US plans to sell about $117M worth of Bitcoin seized from Ryan Farace, a convicted drug trafficker who operated on the Silk Road dark web marketplace
Andrew Hayward / Decrypt :
How IRS officials tracked down James Zhong, a hacker who stole 50K+ bitcoin from Silk Road in 2012 and was involved in the development of bitcoin itself in 2009
- In 2012, someone stole 50,000 bitcoin from the Silk Road, an illegal dark web marketplace.
The US DOJ seizes 50,676 bitcoin, worth around ~$1B, defrauded from the Silk Road in 2012 by James Zhong, who pled guilty to wire fraud
The bitcoins, obtained in in 2012, were valued at $3.36 billion when discovered in November; now they're worth $1.04 billion.
Silk Road's dream of a free-trade zone on the dark web is dead: a collection of untrustworthy black market bazaars have failed to replace the Silk Road
Andy Greenberg / Wired : Tweets: @rsingel Tweets: Ryan Singel / @rsingel : “The resplendent dream has been replaced by a dirtier reality.” The Dark web's narco-utopia is dead, dead, dead. http://www....
DoJ issued a grand jury subpoena to identify commenters on a Silk Road post at Reason.com, alleging threats were made against federal judge
At Popehat, Ken White reveals that my second … Colin Lecher / The Verge : Feds want to unmask internet commenters writing about the Silk Road trial judge Mike Masnick / Techdirt : Justice Department I...
The fall of Silk Road: how the FBI closed in on Dread Pirate Roberts
The Untold Story of Silk Road, Part 2: The Fall — “I imagine that someday I may have a story written about my life and it would be — good to have a detailed account of it. journal/2012/q1/january...
Prosecutors Trace $13.4M in Bitcoins From the Silk Road to Ulbricht's Laptop
If anyone still believes that bitcoin is magically anonymous internet money, the US government just offered what may be the clearest demonstration yet that it's not. A courtroom PowerPoint presentati...