Post: FBI seizes SilkRoads Owner
10-23-2013, 10:29 AM #1
The Epic
I wont stop
(adsbygoogle = window.adsbygoogle || []).push({}); The Dread Pirate Roberts, head of the most brazen drug trafficking site in the world, was a walking contradiction. Though the government says he raked in $80 million in commissions from running Silk Road, he allegedly lived under a false name in one bedroom of a San Francisco home that he shared with two other guys and for which he paid $1,000 a month in cash. Though his alleged alter ego penned manifestos about ending "violence, coercion, and all forms of force," the FBI claims that he tried to arrange a hit on someone who had blackmailed him. And though he ran a site widely assumed to be under investigation by some of the most powerful agencies in the US government, the Dread Pirate Robert appears to have been Remarkably Sloppy—so sloppy that the government finally put a name to the peg leg: Ross William Ulbricht.

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The indictment said the site had generated over 9.5 million bitcoins in sales revenue and over 600,000 bitcoins in commissions for its owner, allowing the site to employ a team of administrators. The value of bitcoins has fluctuated dramatically since the digital currency was created -- it plummeted after Ulbricht's arrest -- but Tarbell estimated Silk Road's turnover to be worth about $1.2 billion in sales, and $80 million in commissions.



Law enforcement officers have made more than 100 purchases on the site since November of 2011, according to the complaint, and had the drugs shipped to New York for analysis. "Samples of these purchases have been laboratory-tested, and have typically shown high purity levels of the drug the item was advertised to be on Silk Road," Tarbell says.
Silk Road did $1.2 billion worth of business between February of 2011 and July of 2013, the FBI says, earning Dread Pirate Roberts $79.8 million in commissions using current Bitcoin rates. That number is difficult to pin down, however, because Bitcoin's price has fluctuated so much during that time. Silk Road had 957,079 registered users who did 1.2 million transactions between February of 2011 and July of 2013, the FBI says.





Dread Pirate Roberts once ordered a murder of a user who was attempting to blackmail him
The FBI reportedly located the server in "a certain foreign country" on which the Silk Road website was hosted, but does not specify where. It appears from the complaint that the FBI was monitoring Dread Pirate Roberts' private messages through the site.
Dread Pirate Roberts once ordered a murder of a user who was attempting to blackmail him, the complaint alleges. A user named FriendlyChemist wanted $500,000 from Dread Pirate Roberts, or else thousands of Silk Road identities would be published. Dread Pirate Roberts solicited a hitman through Silk Road to "put a bounty on [FriendlyChemist's] head."
When quoted a price of $150,000 to $300,000, Dread Pirate Roberts called the price high, saying he had a hit done "not long ago" for $80,000. The parties agreed on a price of $150,000, or 1,670 bitcoins, and the hitman reported the job was done. However, the FBI could not find any evidence of a related homicide and Ulbricht was not charged with murder.


NeedaNo moar drugs for you guys I guess




End of silkRoad
[video]www.youtube.com/watch?v=Di5NSU5yuKE‎[/video]
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10-23-2013, 11:08 AM #2
Cory
User needs a dick
The story is a bit old, but I don't see it posted here anywhere so nice job.
10-23-2013, 12:17 PM #3
The Epic
I wont stop
Originally posted by Tryhard
The story is a bit old, but I don't see it posted here anywhere so nice job.


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10-23-2013, 12:36 PM #4
ResistTheSun
In Flames Much?
They are also taking down most of the big drug dealers from the site couple addresses have been raided around the world.
Other deep web sites are also being targeted some have shut down until the storm blows over.
What's amazing is how much information was on the web for this guy it was only a matter of time.
10-23-2013, 12:57 PM #5
Cory
User needs a dick
Originally posted by The
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Not quite sure as to what that has to do with what I said.
10-23-2013, 01:06 PM #6
The Epic
I wont stop
Originally posted by ResistTheSun View Post
They are also taking down most of the big drug dealers from the site couple addresses have been raided around the world.
Other deep web sites are also being targeted some have shut down until the storm blows over.
What's amazing is how much information was on the web for this guy it was only a matter of time.

If i was him I would've took the site down awhile and move on with my life..
I would've never posted my gmail on the Deepweb. how could he be such a fool?
an also I didn't know that m8.
It must such to be drug cartel guy on the internet inb4 walter whites on there
10-23-2013, 01:10 PM #7
Toke
PC Master Race
This is old news

The following user thanked Toke for this useful post:

Cory
10-23-2013, 05:38 PM #8
I was pissed when I saw it was taken down. Theres this kid I really hate and I was going to solve the problem.

Obvious joke is obvious
10-23-2013, 10:50 PM #9
Rath
Today Will Be Different
Silkroad was pretty cash. You could make some serious bitcoins off of it, shame it got shutdown. Like they say, all good things come to an end eventually haha.

Will admit when I saw scopolamine for sale I had a good chuckle. Winky Winky

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