News and Articles About Silk Road
Mammoth tusks, fake IDs and a ride to outer space. These are just a few of the outrageous things you can with bitcoins if you are lucky enough to own some.
The bad-boy founder of the Bitcoin Foundation and BitInstant is back at his mom and dad's place and he's in big trouble for allegedly funneling $1 million into shady Silk Road dealings.
The more we know about the curious currency, the weirder it gets.
No plea bargain here: Ross William Ulbricht is expected to get his day in court before Thanksgiving.
BitInstant CEO Charlie Shrem and underground Bitcoin exchanger Robert M. Faiella have been charged with using bitcoins to buy and sell illegal drugs to Silk Road users.
At a bail hearing in a Manhattan courtroom on Thursday, a federal prosecutor revealed that Ross William Ulbricht allegedly ordered the murders of six people, and that more than 450,000 bitcoins of his personal fortune are still unaccounted for.
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