02 Oct '13, 11pm

FBI claims largest Bitcoin seizure after arrest of alleged Silk Road founder

US authorities have arrested Ross William Ulbricht, 29, alleged to be the owner and operator of Silk Road, the best-known underground marketplace for the trade of illegal drugs on the internet. The Silk Road website – run by a man using the alias “Dread Pirate Roberts” – acted as a version of eBay for drug dealing : matching buyers and sellers of different substances, allowing them to pay using a virtually untraceable online currency known as Bitcoin. Sellers then shipped the drugs using regular post or courier services. But on Tuesday, a joint operation of the FBI, police, and prosecutors in New York, arrested Ulbricht, who they allege was behind the Dread Pirate’s mask. The identity of "Dread Pirate Roberts" – a reference to The Princess Bride – had been the subject of intense speculation. But with the name of the arrested man made public, there are multiple public socia...

Full article: http://www.theguardian.com/technology/2013/oct/02/alleged...

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Silk Road

theguardian.com 02 Oct '13, 3pm

US authorities have arrested Ross William Ulbricht, 29, alleged to be the owner and operator of Silk Road, the best-known ...

Silk Road ends: Feds arrest 'Dread Pirate Roberts,' alleged founder of largest Bitcoin drug market

Silk Road ends: Feds arrest 'Dread Pirate Rober...

boingboing.net 02 Oct '13, 5pm

j. Several hours later on March 29, 2013, DPR sent a message to "redandwhite," stating that is "causing me problems," and ...

Paranoia exploding on the Bitcoin forums

Paranoia exploding on the Bitcoin forums

businessinsider.com 02 Oct '13, 5pm

The alleged founder of underground e-commerce website Silk Road has been arrested. The site's primary medium of exchange w...

Bitcoin falls after Silk Road arrest

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Bitcoin falls after Silk Road arrest

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

#Bitcoin

#Bitcoin

theverge.com 02 Oct '13, 3pm

It appears the Federal Bureau of Investigation has finally cracked down on Silk Road, the underground marketplace where us...

Bitcoin Falls 15% Following FBI's Silk Road Seizure

Bitcoin Falls 15% Following FBI's Silk Road Sei...

techcrunch.com 02 Oct '13, 5pm

Bitcoin is taking it on the nose following the FBI seizure of Silk Road, a popular – and partially hidden – marketplace fo...

Bitcoin bust: Feds break up country's largest B...

bgr.com 03 Oct '13, 3am

before we could see what would have happened if a distributor had tried to pay Walt and Jesse using Bitcoins . CNN reports...

Bitcoin falls after Silk Road arrest: The price...

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Bitcoin value plummeting following the Silk Road shut down by the FBI

Bitcoin value plummeting following the Silk Roa...

businessinsider.com 02 Oct '13, 5pm

The FBI seized Silk Road this morning . Silk Road is a website that let people anonymously buy illegal drugs using Bitcoin...

FBI arrests Silk Road's "Dread Pirate Roberts," Bitcoin trading jolted

FBI arrests Silk Road's "Dread Pirate Roberts,"...

gigaom.com 02 Oct '13, 6pm

The FBI on Wednesday shut down Silk Road, a notorious online market, and charged its 29-year-old administrator, known as D...

BitCoin Plunges Following US Government Seizure Of Silk Road Website

BitCoin Plunges Following US Government Seizure...

zerohedge.com 02 Oct '13, 5pm

Earlier today, one of the most popular websites that use and promote the use of BitCoin, Silk Road, was shut down by the U...

What seizure of illicit Silk Road means for virtual currency Bitcoin - Los Angeles Times

What seizure of illicit Silk Road means for vir...

latimes.com 03 Oct '13, 6pm

There have been stories about the wild swings in the virtual currency's exchange rate, moves by financial regulators to sh...

Bitcoin price plummets after Silk Road closure

Bitcoin price plummets after Silk Road closure

theguardian.com 03 Oct '13, 3pm

The price of Bitcoin, the anonymous peer-to-peer digital currency, plummeted after the alleged founder of the online drugs...

End of Silk Road for drug users as FBI shuts down illicit website

End of Silk Road for drug users as FBI shuts do...

latimes.com 03 Oct '13, 1am

The manhunt ended with the arrest of an unlikely suspect: Ross William Ulbricht, a 29-year-old former physics student from...