Tagged: silk road

Winklevoss Twins Suing Charlie Shrem, Say He Owes 5000 Bitcoins

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Lawyers for the Winklevoss twins want to know where “Bitcoin’s first felon” Charlie Shrem’s money is coming from, and are suing him for 5000 bitcoins they say he owes their clients, the New York Times (NYT) reports. Shrem and a partner from England started Bitinstant in… Read More

Accused Silk Road Conspirator Pleads Not Guilty in New York

A 29-year-old Irish citizen accused of helping run the Dark Net marketplace Silk Road under the pseudonym “Libertas” has pleaded not guilty in a New York courtroom to three charges stemming from the accusation, Irish publication The Times reports. Gary Davis arrived in New York… Read More

Current Bitcoin Demand is 90% Driven by Speculation, Not Illegal Acts, DEA Agent Says

An overwhelming majority of bitcoin transactions are taking place between speculators, says Drug Enforcement Agency (DEA) Agent Lilita Infante. Infante told Bloomberg recently that in the five years since she began doing forensics on Bitcoin’s immutable ledger, the ratio of illegal activity she detects being… Read More

The Dark Net’s Own Boy: Silk Road Captain Denied Last Chance to Appeal Life Sentence

Ross Ulbricht has been denied his last chance to appeal the sentence of double life plus forty years (with no chance of parole) he received after being convicted of running the “Silk Road” illicit online marketplace in 2015. The decision to deny the request was… Read More

Accused Silk Road Second in Command Extradited to US

Yet another computer-savant smart enough to have allegedly managed a vast Dark Web marketplace yet not quite smart enough to avoid countries with extradition treaties with the US is on his way there to face charges of conspiracy to traffic drugs and launder money. According… Read More

Crowdfunding Campaigns Launched to Defend Ross Ulbricht, Accused of Being “Mastermind” Behind Silk Road

The “illicit online marketplace” known as the Silk Road captured headlines around the world.  Part of the dark web, Silk Road was known as the clandestine location for illegal drugs, hacking programs and much more. The site was shut down by the FBI back in… Read More

Deep Web Film Just Makes Goal on Kickstarter

Deep Web: The Untold Story of Bitcoin and The Silk Road closed this past weekend and the crowdfunding film made goal during the final hours of the campaign.  Alex Winter, the project creator, is a well known actor, director who may be best known for… Read More

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