Silk Road


Markets

Bitcoin Trader Gets Four-Year Jail Term Over Silk Road Connection

Robert Faiella, the bitcoin trader charged alongside BitInstant CEO Charlie Shrem, has been sentenced to four years imprisonment in a New York court.

judge's gavel

Markets

Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial

Today in court, a witness from the US Department of Homeland Security claimed that Mark Karpeles was once suspected to be Dread Pirate Roberts.

Mt. Gox bitcoin protest

Markets

Silk Road Trial Begins in New York

Accused Silk Road mastermind Ross Ulbricht stood trial today for charges stemming from his alleged involvement in the online black market.

ross ulbricht silk road trial

Markets

Charlie Shrem Saga Ends With Two-Year Sentence in New York Court

Charlie Shrem has been sentenced to two years in prison after pleading guilty to aiding and abetting an unlicensed money transmitting business.

Shrem desk

Markets

SecondMarket: Syndicate Bidders Real Winners of Bitcoin Auction

SecondMarket managing director Brendan O’Connor discusses his syndicate's successful bid for 48,000 BTC confiscated from Ross Ulbricht.

Auction

Markets

Bitcoin Investment Trust Syndicate Wins 48,000 BTC in US Marshals Auction

Bitcoin Investment Trust and SecondMarket have been revealed as the winners of 48,000 BTC confiscated from alleged Silk Road leader Ross Ulbricht.

gavel, judge, auction

Markets

US Marshals: Bidder Turnout in Second Bitcoin Auction Declines Sharply

New data reveals bidder participation in the second US Marshals Service bitcoin auction has declined significantly from the first.

Tumbleweed.

Markets

Australian Federal Investigators Look at Bitcoin's Organized Crime Role

The Australian Crime Commission has launched an official investigation into bitcoin's role in organized crime activity, called 'Project Longstrike'.

Australian police

Markets

Usual Suspects Return to Bid in Latest US Marshals Bitcoin Auction

The second USMS auction of 50,000 BTC is attracting many of the same bidders, if less fanfare.

Auction

Markets

US Marshals: Latest Bitcoin Auction Timed to Avoid Market Disruption

The USMS has revealed it will split up its auction of Ross Ulbricht's seized bitcoin to reduce negative effects on the bitcoin market.

Auction gavel