Silk Road News

Judges Shoot Down Silk Road Operator’s Appeal Bid

Ross Ulbricht, who was sentenced to life in prison in 2015 for operating the now-defunct dark market Silk Road, has lost his appeal.

Policy & regulation  ·  31 May 2017

Silk Road Goes Dark: Bitcoin Survives Its Biggest Market’s Demise

In CoinDesk's "Bitcoin Milestones" series, attorney Marco Santori recalls the heyday of Silk Road, its sudden downfall and its legacy for bitcoin.

Policy & regulation  ·  5 May 2017
Crime

Ernst & Young to Sell $12 Million in Bitcoin at Auction

Ernst & Young has announced it will auction $12.9m worth of bitcoin confiscated from a former Silk Road user.

Policy & regulation  ·  30 May 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
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
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
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
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
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

Judge Orders Corrupt DEA Agent to Forfeit Stolen Bitcoin

Former federal agent Carl Force IV has been ordered to forfeit hundreds of bitcoins to the US government.

Policy & regulation  ·  13 July 2015
Crime

Former Silk Road DEA Agent Pleads Guilty to Bitcoin Theft

Former DEA agent Carl Mark Force IV has admitted stealing over $700,000 worth of bitcoin whilst running the Baltimore Silk Road investigation.

Policy & regulation  ·  2 July 2015
UK

Welshman Pleads Guilty to Silk Road 2.0 Drug Offences

A 29 year-old man in Wales has pleaded guilty to five drug charges related to the Silk Road 2.0 marketplace, but did not make a deal with prosecutors.

Policy & regulation  ·  24 June 2015