Silk Road

US Marshals

Should I Do It? 30,000 Bitcoins and One Big Auction

Investor Adam Draper recounts the day the US government sold 30,000 bitcoins at auction – and his father won.

Tech  ·  11 April 2017
Crime

Bitcoin Confiscated in €1 Million Finnish Drug Bust

Customs agents in Finland revealed today that they seized bitcoin and other items worth about €1m earlier this year.

Policy & regulation  ·  26 August 2016
News

Unknown Bidder Buys $1.6 Million in Bitcoin at US Government Auction

A winning bidder has claimed 2,700 BTC (worth $1.58m) at an auction held by the US Marshals Service (USMS).

Business  ·  22 August 2016
News

‘Sin’ Activities No Longer Drive Bitcoin Economy, Researchers Find

A soon-to-be-released study has found evidence that bitcoin’s market is now a venue for "legitimate" commerce.

Markets  ·  11 July 2016
Crime

Silk Road Agent May Have Stolen More Bitcoin After Guilty Plea

A former Secret Service agent convicted of stealing bitcoins during the Silk Road investigation is suspected of stealing additional funds.

Policy & regulation  ·  1 July 2016
Startups

Hours After Launch, OpenBazaar Sees First Drug Listings

The open-source peer-to-peer marketplace software OpenBazaar is now live, marking a major milestone for the long-running project.

Business  ·  6 April 2016
Crime

Why Bitcoin’s Bad Reputation is in the Eye of the Beholder

In this opinion piece, a bitcoin industry founder seeks to unpack the digital currency's lingering reputation issues.

Policy & regulation  ·  28 March 2016
Crime

US Prosecutors Believe Ex-Secret Service Agent Stole More Bitcoin from Silk Road

The US government now believes a corrupt Secret Service agent may have stolen additional bitcoins during the Silk Road investigation.

Policy & regulation  ·  24 February 2016
Crime

Corrupt Silk Road Agent Arrested in Alleged Attempt to Flee Country

A former Secret Service agent who pled guilty to crimes committed while investigating Silk Road has been arrested again.

Policy & regulation  ·  1 February 2016
Media

Don’t Listen to the Mainstream Media on Bitcoin or Blockchain

Kaiko's Jon Southurst takes aim at the mainstream media and their reporting, or misreporting, on bitcoin and blockchain tech.

Markets  ·  27 January 2016
Crime

Silk Road Operator Ross Ulbricht Seeks New Trial in Appeal

The defense for Ross Ulbricht, the convicted operator of the now-defunct dark market Silk Road, is pushing for a new trial.

Policy & regulation  ·  13 January 2016
Crime

Secret Service Agent Gets Six-Year Sentence for Bitcoin Theft

Former Secret Service agent Shaun Bridges has been sentenced to nearly six years in prison for stealing bitcoins during the Silk Road investigation.

Policy & regulation  ·  7 December 2015
Crime

US Prosecutors Unseal Charges Against Alleged Silk Road Advisor

The US government has unsealed charges against a former high-ranking employee of the Silk Road, the now-defunct dark market.

Policy & regulation  ·  4 December 2015
News

Four Winners Split 44,000 Bitcoins in Final Silk Road Auction

The US Marshals Service has revealed that its fourth and final auction of confiscated Silk Road bitcoins resulted in four winners.

Markets  ·  12 November 2015
News

Bitcoin Exchange itBit Wins 10,000 BTC in US Government Auction

Bitcoin exchange itBit has emerged as the first of what could be as many as three winners in last week's US government bitcoin auction.

Markets  ·  9 November 2015