NEW YORK (Reuters) – – Bitcoin exchange itBit on Tuesday said it had won part of the U.S. government’s third auction of bitcoins seized from Ross Ulbricht, who was convicted last month of operating black market website Silk Road.
NEW YORK (Reuters) – The suspected mastermind behind the underground website Silk Road was convicted on narcotics and other charges on Wednesday for his role in orchestrating a scheme that enabled around $200 million of anonymous online drug sales using bitcoins.
NEW YORK (Reuters) – The suspected mastermind behind the underground website Silk Road was convicted on narcotics and other charges on Wednesday for his role in orchestrating a scheme that enabled around $200 million of anonymous online drug sales using bitcoins.
The homepage to Silk Road 2.0, allegedly an underground drug market, is seen in a screenshot after it was closed by U.S. authorities November 6, 2014.
NEW YORK (Reuters) – Jury selection began on Tuesday in the trial of the suspected operator of Silk Road, an online black market bazaar where users could anonymously by drugs and other illicit goods using bitcoin.
NEW YORK (Reuters) – A U.S. crackdown on use of the digital currency bitcoin for drug trafficking and other crimes is headed for its highest-profile test yet, as a trial begins for the alleged creator of an online marketplace catering to vice.