Deep-web Silk Road market taken down; 'Dread Pirate Roberts' under arrest -- charged with murder-for-hire

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Deep-web Silk Road market taken down; 'Dread Pirate Roberts' under arrest -- charged with murder-for-hire

Post by Ben Reilly on Fri Oct 04, 2013 12:06 am



For two and a half years, Silk Road was the Deep Web’s worst keep secret. The underground site was infamous for drug trafficking, gun running and murder for hire – a veritable rogues gallery for underground dealers. Since launching in 2011, the site generated over $1.2 billion in revenue and $79.8 million in commissions. It was one of the not-so-secret successes of the underground web.

The site was taken offline today and the founder, Ross William Ulbricht, a/k/a “Dread Pirate Roberts”, charged with one count each of narcotics trafficking conspiracy, soliciting murder, computer hacking conspiracy and money laundering conspiracy, according to a court filing. It is the end of a strange era in computer security when one man and a team of salesmen, programmers, and cryptographers kept the government at bay for two solid years.
***

Perhaps most chilling was the evidence of murder for hire. Ulbricht himself requested murders and allegedly paid for them using Bitcoin – one murder cost a little under 2,000 BTC. Special Agent Tarbell alleges that Ulbricht himself used the service at least once to protect his interest in Silk Road.
http://techcrunch.com/2013/10/02/court-docs-reveal-alleged-silk-road-founders-murder-plot/

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Ben Reilly
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