03 Oct '13, 3pm

Bitcoin nosedives 15% after FBI blocks traffic via 'Silk Road' criminal internet platform

Bitcoin nosedives 15% after FBI blocks traffic via 'Silk Road' criminal internet platform

Bitcoin nosedives 15% after FBI blocks traffic via 'Silk Road' criminal internet platform Published time: October 03, 2013 15:40 Edited time: October 03, 2013 19:01 Get short URL George Frey/Getty Images/AFP Tags Big deal , Currencies The dollar value of the virtual currency Bitcoin has slumped from about $145 per coin to $123 on Thursday, after the FBI seized the ‘Silk Road’ platform. An estimated $1.2bn in Bitcoin flowed through the internet marketplace for drugs and criminality. The digital currency Bitcoin has been struggling to gain recognition around the world, and is now seriously damaged after the Federal Bureau of Investigation (FBI) shut down the underground website ‘Silk Road’. "Silk Road has emerged as the most sophisticated and extensive criminal marketplace on the internet today," FBI agent Christopher Tarbell said in a criminal complaint. The FBI arrested Ro...

Full article: http://rt.com/business/bitcoin-drugs-fbi-traffic-690/

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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: 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...

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...

Online Currencies: What's In Store for Bitcoin After Silk Road Shutdown?

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socialmediatoday.com 05 Oct '13, 7pm

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Bitcoin Falls 15% Following FBI's Silk Road Seizure

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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...

Silk Road

Silk Road

nation.time.com 02 Oct '13, 4pm

Silk Road, where cocaine and heroin were trafficked, is an online drug marketplace that exists on the “Deep Web,” a portio...

Bitcoin price nosedives after bust of undergrou...

theverge.com 02 Oct '13, 6pm

The price of Bitcoin, the semi-anonymous e-currency that acts like virtual cash, is falling rapidly after the bust of unde...

Silk Road

Silk Road

rt.com 02 Oct '13, 3pm

FBI seizes ‘Silk Road' black market domain, arrests owner Published time: October 02, 2013 15:48 Get short URL Reuters / T...

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...

FBI claims largest Bitcoin seizure after arrest...

theguardian.com 02 Oct '13, 11pm

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

#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...

Internet lobs insults at FBI’s Silk Road Bitcoi...

arstechnica.com 04 Oct '13, 9pm

Bitcoin enthusiasts appear to have located the wallet number of the federally controlled account that now contains over $3...

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...