Silk Road

News

Bidder Turnout Ties All-Time Low in Final Silk Road Bitcoin Auction

The final US Marshals auction of 44,000 bitcoins confiscated during the investigation into online black market Silk Road drew just 11 bidders today.

Markets  ·  5 November 2015
News

Investor Tim Draper Not Bidding in Today’s Silk Road Auction

Two-time auction winner Tim Draper has revealed to CoinDesk that he is not participating in today’s auction of more than 44,000 BTC.

Markets  ·  5 November 2015
Crime

US Government to Sell Over 44,000 Bitcoins Today

The US Marshals Service is auctioning off the remaining 44,000 BTC confiscated from Ross Ulbricht during the Silk Road investigation today.

Policy & regulation  ·  5 November 2015
Crime

Genesis Trading, Binary Financial to Bid in Final Silk Road Bitcoin Auction

Digital Currency Group's Genesis Trading and bitcoin hedge fund Binary Financial are set to participate in a government auction of bitcoin this week.

Policy & regulation  ·  3 November 2015
Crime

Rogue Silk Road Agent Carl Force Jailed for 78 Months

Carl Force, a corrupt federal agent who worked undercover at bitcoin-accepting drug marketplace Silk Road, was sentenced to 78 months in prison today.

Policy & regulation  ·  19 October 2015
Crime

Prosecutors Seek 7-Year Sentence for Corrupt Silk Road DEA Agent

An ex-DEA agent who went rogue during the Silk Road investigation faces sentencing this Monday.

Policy & regulation  ·  15 October 2015
Regulation

Bitcoin in the Headlines: Gemini’s Stellar Debut

What has been said and by whom? CoinDesk has rounded up the top bitcoin and blockchain related headlines from across the world.

Markets  ·  9 October 2015
Crime

US Government to Sell 44,000 BTC in Final Silk Road Auction

The US Marshals Service (USMS) has announced it will sell 44,341 BTC (worth approximately $10.6m at press time) in an online auction due to take place on 5th November. To be held from 12:00 UTC to 18:00 UTC, the six-hour auction, open only to pre-registered bidders, represents the final sale of bitcoins in connection with […]

Policy & regulation  ·  5 October 2015
FBI

Rogue FBI Agent Searching for Lost Bitcoin, Silk Road Advisor Alleges

A corrupt FBI agent is planning to extort $71m from Silk Road mastermind Ross Ulbricht, according to new allegations.

Markets  ·  29 September 2015
Crime

Bitcoin on the Dark Web: The Facts

Just how much do we know about new underground economies? Here's what available data can tell us about bitcoin on the Dark Web.

Policy & regulation  ·  23 September 2015
Crime

US Silk Road Agent Pleads Guilty to Money Laundering

A US secret service agent who stole $820,000 worth of bitcoin pled guilty yesterday to money laundering and obstruction of justice.

Policy & regulation  ·  1 September 2015
Exchanges

Dark Web Markets ‘Processed More Bitcoin than BitPay in 2014’

Marketplaces on the dark web frequently processed more bitcoin transactions than BitPay last year, new research has found.

Policy & regulation  ·  16 August 2015
Chainalysis

Startup Sabr.io is Helping to Catch Bitcoin’s Criminals

A new blockchain startup has claimed its software could have tracked down Silk Road mastermind Dread Pirate Roberts in a matter of days.

Policy & regulation  ·  13 August 2015
Crime

Inside Barcelona’s Bitcoin Drug Lab

For €50 in bitcoin, Energy Control provides anyone in the world with a breakdown of the purity of their drugs – no questions asked.

Policy & regulation  ·  6 August 2015
Crime

Bitcoin in the Docks: 7 Crypto Court Cases

CoinDesk takes a take a trip down memory lane, looking at some of the more high-profile bitcoin-related court cases.

Policy & regulation  ·  22 July 2015