Silk Road

Image placed on Silk Road hidden service after arrest of Ross William Ulbricht (credit: FBI via Wikimedia Commons)

Man Behind Alleged Black Market Drug, Hacking Website Pleads Not Guilty

U.S. District Judge Katherine Forrest set the Nov. 3 date as 29-year-old Ross William Ulbricht pleaded not guilty to four charges in a rewritten indictment returned earlier this week.

02/07/2014

An LED sign outside the D Las Vegas advertises that the hotel and casino now accepts Bitcoin. (credit: Getty Images)

Bitcoin Operators Charged In NYC ‘Silk Road’ Drug Bust

The top executive of a Manhattan-based Bitcoin company and a Florida Bitcoin exchanger have been charged with conspiring to commit money laundering by selling more than $1 million in Bitcoins to users of the black market website Silk Road, which let users buy illegal drugs anonymously, authorities said Monday.

01/27/2014