Silk Road

Silk Road

Putting The Middle East Back In The Middle (As The World Order Shifts East)

We could be looking at a new Silk Road, where the MENA once again finds itself situated in the middle, geographically and strategically.

Key Player in Silk Road Successor Site Gets Eight Years in U.S. Prison

Like the original website, Silk Road 2.0 allowed users to anonymously buy and sell drugs, computer hacking tools and other illicit items, using the digital currency bitcoin, authorities said.

Silk Road Creator Ross Ulbricht Sentenced to Life in Prison

The mastermind behind the underground website is expected to appeal.

U.S. Marshals to Auction 50,000 Bitcoins From Silk Road

The auction follows the recent criminal conviction of the mastermind behind the online black market.

Accused Silk Road Operator Convicted on U.S. Drug Charges

Ross Ulbricht was convicted on all seven counts he faced by a federal jury.

More From This Topic

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Bitcoin Continues Downward Spiral, Plunges Below $200

Times just got even tougher for the fledgling cryptocash.
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U.S. Shuts Down Silk Road 2.0 Website

Charges against the site's alleged owner carry a maximum sentence of life in prison.
Bitcoin

Blockchain.info CEO: We Pay Employees in Bitcoin. And Someday You Might, Too.

We talked to the charismatic Blockchain.info CEO about Bitcoin's recent rocky press, its price ups and downs, and if we're headed for another bubble.
Technology

6 Crazy Things You Can Buy With Bitcoin (Paradise Included)

Mammoth tusks, fake IDs and a ride to outer space. These are just a few of the outrageous things you can with bitcoins – if you are lucky enough to own some.
Bitcoin

Bitcoin Millionaire Charlie Shrem Under House Arrest Following Federal Indictment

The bad-boy founder of the Bitcoin Foundation and BitInstant is back at his mom and dad's place and he's in big trouble for allegedly funneling $1 million into shady Silk Road dealings.
Bitcoin

50 Insane Facts About Bitcoin (Infographic)

The more we know about the curious currency, the weirder it gets.
Entrepreneurs

Alleged Founder of Silk Road Pleads Not Guilty, Will Stand Trial in November

No plea bargain here: Ross William Ulbricht is expected to get his day in court before Thanksgiving.
Finance

BitInstant CEO Arrested for Alleged Ties to Silk Road

BitInstant CEO Charlie Shrem and underground Bitcoin exchanger Robert M. Faiella have been charged with using bitcoins to buy and sell illegal drugs to Silk Road users.
Entrepreneurs

Alleged Creator of Silk Road Detained Without Bail

At a bail hearing in a Manhattan courtroom on Thursday, a federal prosecutor revealed that Ross William Ulbricht allegedly ordered the murders of six people, and that more than 450,000 bitcoins of his personal fortune are still unaccounted for.