Silk Road

Exchanges

Bitcoin Exchange itBit Revealed as US Marshals Auction Winner

New York-based bitcoin exchange itBit secured 3,000 BTC during the latest USMS bitcoin auction.

Business  ·  10 March 2015
News

Three Unnamed Bidders Win Latest US Marshals Bitcoin Auction

The US Marshals Service announced that its latest bitcoin auction concluded with three separate winning bids.

Markets  ·  10 March 2015
News

Third US Marshals Bitcoin Auction Sees Increase in Bidder Interest

The US Marshals Service (USMS) has announced that 14 bidders participated in today's auction of 50,000 BTC.

Markets  ·  5 March 2015
Crime

US Marshals to Auction 50,000 Bitcoins in March

The US Marshals will auction $11.85m in bitcoins in connection with a civil forfeiture action against and the criminal conviction of Ross Ulbricht.

Policy & regulation  ·  18 February 2015
Crime

Ross Ulbricht Found Guilty of Operating Silk Road Dark Market

A jury in New York ruled Silk Road creator Ross Ulbricht guilty on all charges including money laundering, drug trafficking and computer hacking.

Policy & regulation  ·  4 February 2015
Exchanges

Bitcoin Trader Gets Four-Year Jail Term Over Silk Road Connection

Robert Faiella, the bitcoin trader charged alongside BitInstant CEO Charlie Shrem, has been sentenced to four years imprisonment in a New York court.

Policy & regulation  ·  21 January 2015
Exchanges

Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial

Today in court, a witness from the US Department of Homeland Security claimed that Mark Karpeles was once suspected to be Dread Pirate Roberts.

Policy & regulation  ·  15 January 2015
Crime

Silk Road Trial Begins in New York

Accused Silk Road mastermind Ross Ulbricht stood trial today for charges stemming from his alleged involvement in the online black market.

Policy & regulation  ·  13 January 2015
Crime

Charlie Shrem Saga Ends With Two-Year Sentence in New York Court

Charlie Shrem has been sentenced to two years in prison after pleading guilty to aiding and abetting an unlicensed money transmitting business.

Policy & regulation  ·  20 December 2014
News

SecondMarket: Syndicate Bidders Real Winners of Bitcoin Auction

SecondMarket managing director Brendan O’Connor discusses his syndicate's successful bid for 48,000 BTC confiscated from Ross Ulbricht.

Business  ·  9 December 2014
News

Bitcoin Investment Trust Syndicate Wins 48,000 BTC in US Marshals Auction

Bitcoin Investment Trust and SecondMarket have been revealed as the winners of 48,000 BTC confiscated from alleged Silk Road leader Ross Ulbricht.

Business  ·  9 December 2014
Crime

US Marshals: Bidder Turnout in Second Bitcoin Auction Declines Sharply

New data reveals bidder participation in the second US Marshals Service bitcoin auction has declined significantly from the first.

Policy & regulation  ·  4 December 2014
Crime

Australian Federal Investigators Look at Bitcoin’s Organized Crime Role

The Australian Crime Commission has launched an official investigation into bitcoin's role in organized crime activity, called 'Project Longstrike'.

Policy & regulation  ·  3 December 2014
Crime

Usual Suspects Return to Bid in Latest US Marshals Bitcoin Auction

The second USMS auction of 50,000 BTC is attracting many of the same bidders, if less fanfare.

Policy & regulation  ·  26 November 2014
Crime

US Marshals: Latest Bitcoin Auction Timed to Avoid Market Disruption

The USMS has revealed it will split up its auction of Ross Ulbricht's seized bitcoin to reduce negative effects on the bitcoin market.

Policy & regulation  ·  17 November 2014