カテゴリー: Silk Road

US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture Case

US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture CaseThis month the US District Court of Eastern California has been very busy dealing with cases involving the infamous and now defunct darknet marketplace the Alphabay. The Federal courthouse in Fresno just recently wrapped up the forfeiture case involving the alleged Alphabay leader Alexandre Cazes. Further, the Fresno courthouse has charged and have plans to […]

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Security Specialist Wizsec Gives Insight on the Billion Dollar BTC Wallet

Security Specialist Wizsec Gives Insight on the Billion Dollar BTC WalletThe bitcoin security specialists Wizsec has recently explained to the public that the wallet that held more than 111,000 BTC did not derive from the Silk Road marketplace, and it’s also not one of the Mt Gox wallets. Further Wizsec detailed today that a recent article had quoted the organization by cherry-picking quotes which in […]

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Government-Funded Drug Trafficking Makes USD the World’s Dirtiest Currency

US Dollar-Funded Drug Trafficking Makes Bitcoin the World’s Cleanest CurrencyPablo Escobar. Joaquín ‘El Chapo’ Guzmán. Rick Ross. Household names, each and every one of them; drug lords collectively responsible for punting billions of dollars’ worth of narcotics. Yet their crimes pale in comparison to those their prosecutors have been perpetrating for years. After decades of fueling proxy wars and trafficking, the US government has […]

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The Darknet Cat and Mouse Game: Law Enforcement Gains More Traction

The Darknet Cat and Mouse Game: Law Enforcement Gains More TractionSince the dawn of the Silk Road and the myriad of darknet markets (DNM) that followed, it’s been a cat and mouse game between law enforcement and DNM vendors and users. Also read: Proof-of-Stake is a Rebranded Version of the Old Financial System Operation Bayonet For a while, after the Silk Road was taken down it […]

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$800M BTC Wallet Reactivates: Tens of Millions to Exchanges

$800M BTC Wallet Reactivates: Tens of Millions to ExchangesSpeculation has been swirling around a BTC wallet held dormant for over four years that is suddenly showing movement. That it contains something on the order of nearly one billion dollars worth of bitcoin core (BTC) has the ecosystem in both investigative mode and panic, as it could signal a giant dump at the very […]

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Storing a Lot of Bitcoins in One Wallet Is a Bad Idea

Keeping a Lot of Bitcoins in One Wallet Is a Bad IdeaInterest has piqued in a bitcoin wallet that’s lain dormant for four years. This week’s movement of the funds it contains, worth close to $850 million, has sparked intense debate over whose address it might be. Regardless of which whale holds the rights to it, the wallet’s very existence demonstrates the drawbacks of holding a […]

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Bitcoin is a Permissionless, Decentralized Firearm: Cody Wilson is Satoshi Nakamoto

Bitcoin is a Permissionless, Decentralized Firearm: Cody Wilson is Satoshi NakamotoThe path to a cryptocurrency revolution might just run through a sleepy Austin, Texas industrial park, home to offices of Cody Wilson and his company, Defense Distributed in the United States. Parallels exist between downloadable files from a website, allowing users access to 3D printable firearms, and a permissionless, decentralized, censorship-resistant medium of exchange. If […]

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Deep Web Roundup: BCH Adoption Increases and Dread Rises

Deep Web Roundup: BCH Adoption Increases and Dread RisesThe specter of the deep web looms large over everything bitcoin does. You won’t hear it mentioned by VCs funding blockchain startups, or by options exchanges applying for bitcoin ETFs, but the darknet is the reason we’re all here. A periodic glance into the latest from the deep web provides an insight into the underbelly […]

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Ross Ulbricht Joins Twitter

Ross Ulbricht Joins TwitterSilk Road founder Ross Ulbricht, serving life in prison without parole, has joined Twitter. While denied direct internet access from behind bars, he is now able to communicate with the Twittersphere, in a fashion, with the aid of hand-written notes posted to a Twitter account in his name. It is hoped the account will keep […]

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Change.org Petition Attempts to Fight for Ross Ulbricht’s Freedom

Change.org Petition to Fight for Ross Ulbricht's Freedom and JusticeAfter being denied a post-conviction relief extension in February 2018, Ross Ulbricht’s family and legal team filed a Petition of Certiorari with the U.S. Supreme Court based on constitutional violations in the investigation and at sentencing. The petition was supported by 21 organizations, however, the Court denied Ulbricht’s petition on June 28. The fight to […]

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