Over the last year or so, Starbreeze has been in a rough financial position, leading to the loss of The Walking Dead video game license, a publisher restructuring and the dropping of StarVR. Prior to this, Payday 2 development had officially ended, but that changed a couple of weeks ago …
Read More »Ross Ulbricht appeal kicks off with attack on corrupt feds
Convicted Silk Road founder Ross Ulbricht has served a year of his double-life sentence without parole, but is now getting the chance to appeal his original conviction. The first step on that road is a big one too, as his legal team submitted a 140+ page document requesting the original trial …
Read More »Silk Road investigating agent given 71 months in jail
As much as the judge may have thrown the book at accused Silk Road founder Ross Ulbricht, handing him a life-sentence for running the dark-net marketplace, some would argue that the corrupt secret service agents working the case deserve worse. The second of them has now been sentenced however and has been …
Read More »Silk Road investigating officer pleads guilty to Bitcoin theft
One of the two agents accused of siphoning off Bitcoins during the investigation of the Silk Road dark-net marketplace, has pleaded guilty. Ex-Secret Service agent Shaun Bridges, 33, appeared in federal court and admitted to money laundering and obstruction of justice, having secretly moved over $800,000 worth of the digital …
Read More »Bill S. Preston supports Ross Ulbricht with Deep Web
Alex Winter, the man best known to fans as one half of the Wyld Stalyns with Keanu Reeves, released a documentary this weekend called Deep Web. Described as the “untold story of Bitcoin and the Silk Road,” the film looks at the history of the online drug marketplace and its …
Read More »Silk Road founder to face sentencing
The trial of Ross Ulbricht has been ongoing for well over a year at this point, with lawyers from both sides going back and forth in an attempt to prove and disprove that he was the founder and administrator of the Silk Road Drug marketplace. Now though, with him being found guilty …
Read More »Meet Variety Jones, Ross Ulbricht’s secret mentor
When the online drug marketplace, The Silk Road, was shut down in 2013, it's now convicted owner, Ross Ulbricht was also arrested and charged with its administration, founding and other related crimes. However as information about the case has come to light, it turns out Ulbricht didn't figure out everything …
Read More »Two federal agents charged with money laundering in Silk Road case
One of the biggest wins for the US federal government in 2013 in its continued war on drugs, was the takedown of the online marketplace, the Silk Road and the arrest of its owner, Ross Ulbricht. However, while Ulbricht pushes to appeal his guilty verdict, a new aspect of the case …
Read More »Want to buy 50,000 Bitcoins?
In a rare opportunity, thanks to the United States Marshals Service and Ross Ulbricht of Silk Road fame, you are now able to bid on 50,000 seized Bitcoins. These Bitcoins are currently worth around £7.7 million (or $11.9 million USD) and were seized from Ulbricht when the feds snatched his laptop away from him in a San …
Read More »Alternate Silk Road owner evidence ruled inadmissable
The defence of Ross Ulbricht during his ongoing court case for owning and operating the Tor accessible drug marketplace, Silk Road, was dealt a blow yesterday, when evidence from an agent with the department of homeland security (DHS) that claimed Ulbricht was a fall guy, was ruled inadmissible by the …
Read More »Ross Ulbricht defence to claim Mt Gox CEO was Silk Road founder
The case of the alleged Silk Road founder, Ross Ulbricht, took an interesting turn today, as the defence began cross-examining department of homeland security (DHS) investigator, Jared Der-Yeghiayan, who said under questioning that he had also investigated the last-owner of the Mt Gox. Bitcoin exchange, Mark Karpeles. He went on to claim …
Read More »China to revolutionise trade with high speed trains
If there's one thing every Transport Tycoon player knows, it's that while ships and planes can be far easier to set up and use, requiring none of the infrastructure of their road based counterparts, they aren't very efficient ways of transporting goods. Planes are fast, but expensive and boats are …
Read More »US is selling off Silk Road bitcoins
Back in 2013, the online, tor accessible drug marketplace Silk Road was shut down and its alleged owner, Ross Ulbricht arrested by the FBI and a collection of other policing organisations. On top of that though, the authorities seized around tens of thousands of bitcoins worth many millions of dollars. Yesterday …
Read More »Silk Road admins pledge full scam repayment this week
Earlier this year, when the world's most recognised online drug's marketplace, Silk Road 2.0, was hacked and all of its users' bitcoins stolen, many considered it the death knell of the site and even the trade itself. Security and confidence in the site were torn asunder, as people came to …
Read More »Dutch police down drug marketplace Utopia
When the US authorities used good old fashioned police work to take down the original Silk Road last year and arrest its alleged owner, Ross Ulbricht, it seemed like they'd dealt a serious blow to the online trading community, but it didn't last long. Within days alternatives had appeared and …
Read More »Silkroad 2 listings top 15,000 – more than SR1
Law enforcement officers and federal agents the world over that are committed to stopping international drug trade no doubt held a big party when they shut down the original tor accessible drugs marketplace Silk Road back in September last year. They probably did so again as it first two successors, …
Read More »Meet the owner of the new Silk Road – DPR2
If you've followed the story of the tor accessible marketplace Silk Road, you'll know all about its closure last year and the arrest of the alleged owner, Ross Ulbricht. However it didn't take long after that initial shut down for other sites to take its place, one of them being …
Read More »Silkroad founder teaching Yoga in prison
Ross Ulbricht, the man who the authorities claim went by the name of Dread Pirate Roberts and founded and administrated the tor-accessible drugs marketplace, Silk Road, has begun teaching a yoga class in prison, with around five other inmates sitting in on his sessions. This news came from the official …
Read More »Drama persists in online drug marketplaces
Taking a quick look at any of the comings and goings of online drug marketplaces over the past year will give you several different impressions. One is obviously that it's astounding how simple it is to purchase supposedly “controlled,” substances online with a little technical know how, but the second …
Read More »Bitcoin value on way to record breaking – crash imminent?
Bitcoin is anything but a certain investment. Its value has climbed mountains and filled troughs more than most traded commodities over the past year, going from a near freely available curiosity for the tech savvy, to the £100 plus per-coin, digital currency it is today. Since Bitcoin's first big value …
Read More »Black Market Reloaded downtime was just a hiccup afterall
Yesterday it looked like online drug dealing had been dealt another blow, as one of Silk Road's replacements, Black Market Reloaded, was taken down after a third party server vendor outed the site's source code, potentially giving the site's owner, Backopy, a real security problem. However, less than 24 hours …
Read More »Silk road downed, Bitcoin price could tumble
The online, tor-accessible drugs marketplace, Silk Road, looks to have been taken down by US federal authorities, with a notice posted up on the main page stating as such. Further reports also suggest that the notoriously anonymous admin of the site, Dread Pirates Roberts (DPR) has been identified and arrested …
Read More »SR rival online drug marketplace Atlantis closes, steals funds
While Silk Road is no longer the only well known tor accessible, Bitcoin funded, online drugs marketplace in the world, it's still the most recognised and the base line for which others are judged. Atlantis was an up and coming contended, taking swats at the champ and offering new features, …
Read More »Drug market posts Silk Road Charter, extols freedom of expression
Drug Marketplace the Silk Road has had a tough time as of late. The past few days have seen it hit with a massive DDOS attack that crippled its infrastructure, sending many members into a frenzy. However, the admins have now got it under control and to celebrate, have posted …
Read More »Drug marketplace Silk Road hit by DDOS
The Tor accessible network that sells everything from fake IDs to heroin, Silk Road, has been hit with a DDOS attack according to admins. While some site service appears to have been restored in the past few hours, users are still reporting that it's near impossible to login. The news …
Read More »How the Bitcoin crash has affected drug marketplace Silk Road
Since Bitcoin has become more of an accepted form of monetary transaction across the internet connected world, the bubble burst that hit its value last week, was going to be felt far and wide. It's not surprising then that one of the places that helped pioneer the currency has been …
Read More »Bitcoin value wobbles as currency hits $1 billion net worth
We've talked a couple of times recently about how Bitcoin value has exploded over the past few months and that growth has continued till today, where it reach a new high of $91, over four times that of its value at the end of 2012. This has seen the entire …
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