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+--- Thread: Silk Road Seized - BTC Crashing - The Story (/showthread.php?tid=3783864)
Silk Road Seized - BTC Crashing - The Story - ShikTik - Oct 2, 2013
As I'm sure many of you know that silkroad has been seized by the FBI.
I just wanted to make this thread to let those of you that haven't checked silk today that it's shutdown so don't buy any btc or you'll probably be stuck with them.
Copy of court papers at bottom of the following page.
How he got caught: https://medium.com/p/d48995e8eb5a
Feel bad for all the vendors that had bank loot in their sr accounts because silks site didn't send the btc to the backup btc address you chose in your account on sr.
BTC are crashing.
* - Lightsout - Oct 2, 2013
See, yet again the fbi has proved us wrong. VPNs are total shit, end of.
Also read this:
Code
according to prosecutors, Ulbricht aided in the trafficking of controlled substances from January 2011 up until last week. Through a government investigation, authorities determined that several thousand drug dealers used Silk Road to distribute hundreds of kilograms of illegal drugs to over a hundred thousand buyers, laundering hundreds of millions of dollars in the process.* - gobosox - Oct 2, 2013
He should of protected himself much more than he did.
* - Respect - Oct 2, 2013
Damn that sucks, and $3.6 Million in bitcoins, wow. Is that even something the FBI can seize from someone?
* - gobosox - Oct 2, 2013
Not to mention, Bitcoin keeps public logs of all it's transactions. Law enforcement could find out the identities of specific bitcoin users by using sophisticated network analysis techniques to parse the transaction flow and track down individual Bitcoin users.
* - Mouse❤️ - Oct 2, 2013
Was he really that much of a noob? That's so... unexpected.
* - White Light - Oct 2, 2013
(Oct 2, 2013 12:52 PM)gobosox2 Wrote: Not to mention, Bitcoin keeps public logs of all it's transactions. Law enforcement could find out the identities of specific bitcoin users by using sophisticated network analysis techniques to parse the transaction flow and track down individual Bitcoin users.
Not exactly. SR used tumblers so that you couldn't tell the final address for BTC.
* - Within - Oct 2, 2013
But he won't get much from it if convicted.
Why the case against “Dread Pirate Roberts” will fall flat.
* - Chrazy - Oct 2, 2013
Damn shows how one little mistake can fuck you up.
* - Tagster - Oct 2, 2013
Yeah my 2 dealers on there got $27,000 seized/taken and the other $65,000. I feel bad however got my last shipment. 🤝
* - SwegMaster - Oct 2, 2013
Man this sucks. Not just for losing drugs :( but for BTC. Was about to buy some but not anymore.
* - Slycriminal22 - Oct 2, 2013
damn, now i cant smoke that crack i bought off there oh well... regardless.... all this is going to do is increase traffic a shitload...
if the site runs again..
* - Target™ - Oct 2, 2013
Damn..crazy stuff happening these days.
RE: Silk Road Seized - BTC Crashing - The Story - SIM-5455545 - Dec 10, 2023
canada and china have drug problem.