Silk Road creator Ross Ulbricht will see his $183 million debt to the U.S. government wiped out following the seizure of $3 billion in bitcoin.

The Trial Jan. 14, 2015 The DHS Agent Who Infiltrated Silk Road to Take Down Its Kingpin The first time Jared Der-Yeghiayan met Ross Ulbricht was at 3:16 pm on October 1, 2013, moments after the ...

Clark was, as prosecutors noted in their memo arguing for the two-decade sentence, more than a lieutenant on the Silk Road. He served as the site's security consultant, PR adviser, and even a kind ...

Federal agents this week seized more than $1 billion worth of bitcoins linked to the now-defunct Silk Road website, a criminal marketplace on the dark web, in what may be the Justice Department ...

The document said that Silk Road generated revenue of over 9.5 million bitcoin and collected commissions from these sales of more than 600,000 bitcoin.

Prosecutors told jurors that Ulbricht continued to administer Silk Road from the site's beginning until Oct. 1, 2013, the day that federal investigators arrested him in a San Francisco public library.

NEW YORK — A federal judge sentenced Silk Road darknet mastermind Ross Ulbricht to life in prison Friday for founding and operating a criminal version of eBay that made buying illegal drugs ...

Ulbricht's sentencing likely puts the final seal on the saga of Silk Road, the anarchic underground market the 31-year-old Texan created in early 2011. At its peak, the Dark Web site grew to a ...

The FBI shut down Silk Road and arrested its alleged founder in October, but shortly thereafter, tech-savvy outlaws started Silk Road 2.0 in its place. It is primarily used to buy and sell drugs.