A Month Later, Silk Road Returns; Is Bitcoin in Bed with Criminals?

A Month Later, Silk Road Returns; Is Bitcoin in Bed with Criminals?

A normal product sales page through the initial Silk Road, now rebuilt; the site sells illegal drugs, tools, and much more.

Just one month following the FBI seized and shut down Silk Road the world wide web website known as the Amazon.com of drugs, weapons and worse it is straight back. Yup, into the annals of unlawful history, this 1 has to be up there in the chutzpah department; it’s like the abilities behind the website are totally thumbing their collective noses at U.S. federal authorities.

Are Bitcoins and Silk Path Founders Aligned?

Also more shocking, brand new allegations connect Silk Road’s founder Ross William Ulbricht aka Dread Pirate Roberts until his FBI takedown last thirty days to your still publicly unidentified initial creator of Bitcoins, the digital money exclusively utilized to fund illegal products and services on the old and site that is now new.

The allegations stumbled on light after two Israeli scientists one a cryptographer readied a soon-to-be-published paper that claims that the FBI seizure in fact only got their fingers on around 22 percent of the $80 million in commissions Ulbricht’s site had garnered from sales of an estimated $1.2 billion; sales on everything including assault weapons to illegal narcotics of any kind and even for hit men services for hire.

Dorit Ron and Adi Shamir would be the two researchers who’ve brought these allegations to light, adding they by themsel Continue reading “A Month Later, Silk Road Returns; Is Bitcoin in Bed with Criminals?”