Silk Road news and trends

PYMNTS Crypto Crime Series: The $612 Million Heist That Wasn’t

January 20, 2022
Almost $1B in Bitcoin Transferred From eWallet Linked To Dark Web’s Silk Road
Security & Fraud // November 04, 2020

A huge bitcoin amount — nearly $1 billion — has been moved out of a bitcoin address that may have ties to the Silk Road black market, according to a blog post from Elliptic. The London-based company provides blockchain analysis. As the post notes, Ross...

Federal Judge Sets $750K Bail In Crypto For Defendant
Bitcoin // August 17, 2018

In the case of a high-tech crime California, a federal judge is allowing a defendant to pay his bail with cryptocurrency. Judge Jacqueline Scott Corley set the amount at $750,000 in bitcoin or another form of digital currency, the Daily Post reported. The defendant, Martin Marsich, was...

Silk Road Mentor Being Extradited To US
Legal // June 18, 2018

Five years after Silk Road shut down, one of its alleged advisers is being extradited to the U.S. to face newly unsealed charges for his role in the operation. According to The Verge, Roger Clark was the alleged mentor, adviser and confidant to Silk Road’s...

Dark Web Down But Not Out
Markets // August 21, 2017

The black market took a hit when, in July, law enforcement took down two of the biggest dark web marketplaces, AlphaBay and Hansa Market. AlphaBay went down first, with Hansa not far behind – authorities had apparently been operating Hansa since June, and used the influx...

Quick Reads
Almost $1B in Bitcoin Transferred From eWallet Linked To Dark Web’s Silk Road

November 04, 2020
A huge bitcoin amount — nearly $1 billion — has been moved out of a bitcoin address that may have ties to the Silk Road black market, according to a blog post from Elliptic. The London-based company provides blockchain analysis. As the post notes, Ross Ulbricht received a double life sentence for his role in […]

Federal Judge Sets $750K Bail In Crypto For Defendant

August 17, 2018
In the case of a high-tech crime California, a federal judge is allowing a defendant to pay his bail with cryptocurrency. Judge Jacqueline Scott Corley set the amount at $750,000...

Silk Road Mentor Being Extradited To US

June 18, 2018
Five years after Silk Road shut down, one of its alleged advisers is being extradited to the U.S. to face newly unsealed charges for his role in the operation. According...

Appeals Court Upholds Life Sentence For Silk Road Creator

June 01, 2017
Silk Road founder Ross Ulbricht lost his bid to get out from a life sentence for operating the underground illegal drug marketplace. According to a report in Wired, a second circuit appellate...