Silk Road

Max Dickstein stands with other supporters of Ross William Ulbricht, the alleged creator and operator of the Silk Road underground market, in front of a Manhattan federal court house on the first day of jury selection for his trial on Jan. 13, 2015. (credit: Spencer Platt/Getty Images)

At Least 20 Years In Prison Awaits Silk Road Founder

Ross William Ulbricht is set to be sentenced Friday after his February Manhattan federal court conviction.

17 hours ago

Max Dickstein stands with other supporters of Ross William Ulbricht, the alleged creator and operator of the Silk Road underground market, in front of a Manhattan federal court house on the first day of jury selection for his trial on Jan. 13, 2015. (credit: Spencer Platt/Getty Images)

Silk Road Creator Found Guilty Of Enabling Online Drug Sales

In arguments made by the prosecutor, jurors were told the website, a market for narcotics and other illegal goods, was Ulbricht’s passion.

02/04/2015

Max Dickstein stands with other supporters of Ross William Ulbricht, the alleged creator and operator of the Silk Road underground market, in front of a Manhattan federal court house on the first day of jury selection for his trial on Jan. 13, 2015. (credit: Spencer Platt/Getty Images)

Investigators Describe Buying Drugs On Silk Road Website

The undercover agents were the first to testify in the case. One described receiving a shipment of heroin mailed from the Netherlands with a German stamp.

01/14/2015

Supporters of Ross William Ulbricht, the alleged creator and operator of the Silk Road underground market, stand in front of a Manhattan federal courthouse on the first day of jury selection for his trial on Jan. 13, 2015.  (credit: Spencer Platt/Getty Images)

Defense Lawyer: Silk Road Creator Is Not A Drug Dealer

Prosecutor Timothy Howard, however, told jurors that the Silk Road website was an online shopping paradise for the sale of dangerous illegal drugs, and that Ulbricht was the kingpin of the digital criminal enterprise.

01/13/2015

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

Feds: Spinoff Of Shuttered Silk Road Website Leads To California Arrest

A California man has been arrested for starting a spinoff version of the shuttered Silk Road website, enabling more than 100,000 people to buy and sell illegal drugs in the last year, authorities announced Thursday.

11/06/2014

FILE -- Sen. Charles Schumer (credit: Kevin Rincon/1010 WINS)

Sen. Schumer Calls For DOJ Probe, More Funding To Combat Cyber Drug Sales

The feds may have busted Silk Road a year ago, but Sen. Schumer said online drug sales are flourishing.

10/27/2014

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

NYC Judge Presiding Over ‘Silk Road’ Case Receiving Online Death Threats

A Manhattan federal judge presiding over the case against Ross Ulbricht, accused founder of Silk Road, is now the subject of online death threats.

10/24/2014

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