Share this article
BTC
$83,278.68
-
0.71%ETH
$1,803.64
-
0.72%USDT
$0.9998
+
0.02%XRP
$2.1466
+
0.70%BNB
$592.80
-
0.80%SOL
$119.65
-
2.55%USDC
$1.0002
+
0.02%DOGE
$0.1687
-
1.46%ADA
$0.6546
-
0.88%TRX
$0.2375
-
0.59%LEO
$9.1377
-
0.34%LINK
$12.80
-
1.11%TON
$3.2562
-
4.61%XLM
$0.2519
-
3.00%AVAX
$17.83
-
1.99%SHIB
$0.0₄1235
+
0.32%SUI
$2.2134
-
2.05%HBAR
$0.1620
-
1.36%LTC
$82.69
-
2.06%OM
$6.2658
-
0.04%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Charlie Shrem Arrest is Latest Chapter in Silk Road Story
Check out CoinDesk's Silk Road timeline.
The latest chapter of the story of Silk Road began unfolding today with the arrest of Charlie Shrem, the founder of the BitInstant bitcoin exchange, on money laundering charges involving the black marketplace.
Shrem and 'BTCKing' are accused, by the Manhattan US Attorney, the DEA and other federal agencies, of engaging in a "scheme to sell" $1m of bitcoin to Silk Road users.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Ross William Ulbricht, the 29-year-old alleged mastermind behind the Road, has not yet been tried.
He was arrested for violating the narcotics laws of the United States, possessing and distributing controlled substances and committing or conspiring to commit computer hacking offences and money laundering offences.
Ulbricht also allegedly, “solicited a Silk Road user to execute a murder-for-hire of another Silk Road user, who was threatening to release the identities of thousands of users of the site”.
This timeline is a collection of everything we know about Silk Road so far. There are plenty of conspiracy theories. There are also details which may appear vague or even incongruous.
Whatever revelations come next, they are all just the beginning of a much longer timeline.
The interactive timeline below lets you scroll through the key points in the Silk Road story.
Featured image via Mediabistro / Flickr
Jon Southurst
Jon Southurst is a business-tech and economic development writer who discovered bitcoin in early 2012. His work has appeared in numerous blogs, UN development appeals, and Canadian & Australian newspapers. Based in Tokyo for a decade, Jon is a regular at bitcoin meetups in Japan and likes to write about any topic that straddles technology and world-altering economics.
