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The History of Silk Road: A Tale of Drugs, Extortion & Bitcoin
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A community for discussion of the history of & research on the now-defunct darknet markets Silk Road 1 & 2, and topics such as arrests of their users, Ross Ulbricht's legal case, the status of Blake Benthall, privacy etc. Post non-SR reviews, crypto or anonymity, or specific site questions to their respective subreddits. Noobs please check out our FAQ/sidebar before posting, as well as /DarkNetMarketsNOOBS. Attempts to purchase or or offer for sale product is *strictly* forbidden.
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What happened to the rest of the Silk roads bitcoin?
I’ve looked for a few articles on this topic, but it seems only 144k btc were ever collected. The site collected 600k+ according to its back end? It’s stated that Ross Ulbricht, the guy found logged in moved btc a week prior to getting caught on another computer that’s never been found. I find it hard to believe this guy just had one or two stashes. Anyone have any legit theory’s not just conspiracy theories or is this guy just sitting on some massive hidden stash that neither he or his family can’t touch?
Nearly six years later, an Ohio man was arrested Thursday on charges of trying to launder more than $19 million worth of bitcoin he allegedly earned via drug deals on Silk Road. Silk Road operated from 2011-2013 and transacted BTC 9.52 million. Although darknet activity comprises only a minuscule fraction of Bitcoin volume in 2018, back when Silk Road rose to prominence, it has been speculated that a large amount of Bitcoin’s price rise and adoption was driven by illicit trading there. The saga of Silk Road undoubtedly provided significant exposure to the idea of bitcoin and decentralized currencies. Although this left a bad impression in the minds of many who viewed bitcoin as a vehicle for crime, Silk Road also provided an example of how bitcoin could function in the real world, proving that a decentralized currency was ... Bitcoin gained a great deal of importance and attention when a web page called The Silk Road, that was shut down for illegality in 2013, initially showed up. This is a long long time ago. No web page is started or is inherently illegal, its services and what it offers may be though. Silk Road is an online market. It is operated as a Tor hidden service, such that online users are able to browse it anonymously and securely without potential traffic monitoring. All its products can be bought anonymously for bitcoins
Silk Road- the eBay for illegal things and more - has been shut down by the feds and the FBI is accused of taking millions of dollars in Bitcoins from site u... The Silk Road Charter Silk Road is a global enterprise whose purpose is to empower people to live as free individuals. We provide systems and platforms that ... Check out this Crypto Rap Remix of "Old Town Road" by Lil Nas X ft. Billy Ray Cyrus - Performed by @Chris Record Raps! If you enjoyed this video be sure to s... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. On the Silk Road: the Dark Side of Cryptocurrencies In 2009, the mysterious and pseudonymous Satoshi Nakamoto launched Bitcoin, the world's first online cryptocurrency.