Amazing, that post has been completely removed from Reddit. Nice work gents.
Amazing, that post has been completely removed from Reddit. Nice work gents.
I read an article yesterday which said there is a large backing of bitcoin on wall street. I never knew this so I don't think there will be a crash anytime soon unless there is a terrorist attack for something funded by bitcoin.Originally Posted by nutty007
Can you link that article?I read an article yesterday which said there is a large backing of bitcoin on wall street. I never knew this so I don't think there will be a crash anytime soon unless there is a terrorist attack for something funded by bitcoin.
Silk Road related arrests are being reported in the UK today;
http://www.bbc.co.uk/news/technology-24443216
http://nakedsecurity.sophos.com/2013...-us-uk-sweden/
Silk Road leads to eight arrests in US, UK, Sweden
by Lisa Vaas on October 10, 2013 | 2 Comments
FILED UNDER: Featured, Law & order, Privacy
more people have been arrested in the wake of the shutdown of Silk Road, the online, illegal-drug bazaar.
Keith Bristow, Director General of the UK's newly established National Crime Agency (NCA), said in a statement that there are more arrests in the works:
These latest arrests are just the start; there are many more to come.
Of the eight suspects, four were arrested in the UK, one in Sweden, and three in the US.
The British suspects, arrested within hours of the FBI having collared the suspected mastermind behind Silk Road, Ross Ulbricht, included one man in his early 50s from Devon and three in their early 20s from Manchester.
NPR reports that US authorities have also charged two people in Bellevue, Washington, after identifying one of them as a top seller on Silk Road. He was arrested on 2 October, and his alleged accomplice turned herself in the next day.
In Sweden, another two men - one 29-year-old, the other 34 - from the coastal city of Helsingborg were arrested on suspicion of distributing cannabis over Silk Road, the local Helsingborgs Dagblad reported on Tuesday.
The Swedish newspaper didn't mention the date of the two men's capture, but most, if not all, of the eight arrests took place within days of last week's arrest of Ulbricht, who was taken into custody at a public library in San Francisco.
In an affidavit filed in connection with Ulbricht's arrest, the US Federal Bureau of Investigations (FBI) said last week that it had located multiple servers, both within and outside of the US, associated with Silk Road's operation, including the server that hosted the site.
Unraveling the network of drug dealers and consumers on the marketplace is presumably going to take some time, given the volume of its user accounts.
Handcuffs. Image courtesy of Shutterstock.As of 23 July, 2013, the server showed some 957,079 registered user accounts, the FBI says.
That number doesn't necessarily correspond to actual users, given that some may have multiple accounts, but the FBI agent who filed the affidavit said that the number points to hundreds of thousands of unique visitors.
Those people should be nervous.
Nicholas Weaver, a researcher with the International Computer Science Institute in Berkeley and the University of California, in San Diego, told NPR that Silk Road's eBay-like customer review system means that law enforcement now has its hands on months' worth of sales records, all easily traceable, given the nature of the Bitcoin transfers on which Silk Road ran its billion-dollar operations.
Law enforcement said that the now-shuttered Silk Road was one of the world's largest online markets for illegal drugs, branding itself an "anonymous marketplace" because users accessed the site through the Deep Web - aka the Darknet or Hidden Web.
Users accessed that Deep Web via Tor - the anonymising network that, as recent Edward Snowden revelations have shown, works well enough to irk surveillance experts.
But even though the NSA, to quote the "Tor Stinks" presentation published by The Guardian on Friday, "will never be able to de-anonymize all Tor users all of the time," in this case, law enforcement has its hands on the servers that allow it to do just that with Silk Road buyers and drug dealers.
As the NCA's Bristow warned, users shouldn't buy into Silk Road's promise of hiding their identity on the internet:
These arrests send a clear message to criminals; the hidden internet isn't hidden and your anonymous activity isn't anonymous. We know where you are, what you are doing and we will catch you.
It is impossible for criminals to completely erase their digital footprint. No matter how technology-savvy the offender, they will always make mistakes and this brings law enforcement closer to them.
These so called hidden or anonymous online environments are a key priority for the National Crime Agency. Using the expertise of over 4,000 officers and the latest technology, we will arrest suspects and disrupt and prevent their illegal activity to protect the public.
Power to the people. Only the beginning.
This article I thought was an interesting read:
http://mashable.com/2013/10/08/8-sil...lers-arrested/
It talks about how they tracked a Silk Road seller for several months out of Seattle that was arrested.
The kid's got a good attorney.
http://www.forbes.com/sites/andygree...ee-nsa-target/
Meanwhile, the current bitcoin value is around $150.
The funniest thing i ever got out of this is these dumb fucks who never thought hmm, we can shut down a nuclear reactor in Iran from a simple computer move, yet they still think they are anonymous.
lul, your all in trouble if you sold, functioned, or tried to be cool on this site!
17 million dollar bitcoin wallet found.
Does it belong to the Silk Road founder?
http://www.forbes.com/sites/kashmirh...ross-ulbricht/
"Silk Road hitman story is already scheduled to become a Hollywood film"
http://www.digitaltrends.com/movies/...dennis-lehane/Hidden online drug bazaar. Murder for hire. FBI stings. And a handsome, clean-cut, reclusive 20-something who secretly became the Internet’s most powerful drug kingpin. The ostensible story of the Silk Road has all the makings of a Hollywood blockbuster. And now, it’s about to become one.
Deadline reports that 20th Century Fox and Cherin Entertainment have hired renowned author Dennis Lehane to pen the tale of alleged Silk Road founder Ross William Ulbricht, who was arrested earlier this month by federal law enforcement agents. Ulbricht, 29, faces life in prison on charges related to operating Silk Road, a billion-dollar illegal drug marketplace said to have been the world’s largest, and for purportedly hiring hitmen to eliminate threats to his illicit business and livelihood.....
It's amazing how Bitcoins love perceived bad news. Trading $180 and going parabolic.
Will the Feds try to liquidate this wallet and convert to dollars - becoming willing participants in a market they have targeted?
If the Feds elect to not convert the Bitcoin wallet to dollars thus removing them from the fixed Bitcoin supply does this somehow juice the price of remaining Bitcoins?
Maybe Bitcoin trading is just a new form of online gaming post UIGA.
That article suggests it might not be so easy for the feds to get their hands on the guy's bitcoins. Unless they know the password to his wallet the bitcoins are locked up and useless.It's amazing how Bitcoins love perceived bad news. Trading $180 and going parabolic.
Will the Feds try to liquidate this wallet and convert to dollars - becoming willing participants in a market they have targeted?
If the Feds elect to not convert the Bitcoin wallet to dollars thus removing them from the fixed Bitcoin supply does this somehow juice the price of remaining Bitcoins?
Maybe Bitcoin trading is just a new form of online gaming post UIGA.
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RFP to NSA:That article suggests it might not be so easy for the feds to get their hands on the guy's bitcoins. Unless they know the password to his wallet the bitcoins are locked up and useless.
Provide wallet code
Payment:
10% net of recovered funds
Details will follow
I watched this episode of Drug's Inc about the Seattle Drug scene that featured a female bitcoin based drug dealer. I wonder if she is the Jenna M. White who was arrested. I can't find a picture.
Female bitcoin drug dealer Lucy at 17:15 to 21:20 and 43:20 to 44:00:
You would think her mug shots would be out there yet I never seen any on any website of this Jenna M. White but I didn't do a ton of digging. It very well could be the same girl as how many female drug dealers are there in Seattle that deal using bitcoins?
I saw this a few nights ago, I believe it was on NatGeo channel, in the closing scene they had a short written piece about the Oct 2 bust of Silk Road. I was like hmm, seeing as most the documentary did not include it at all. Unless I missed a scene referencing it.You would think her mug shots would be out there yet I never seen any on any website of this Jenna M. White but I didn't do a ton of digging. It very well could be the same girl as how many female drug dealers are there in Seattle that deal using bitcoins?
Amazing how laxed Washington States laws seemed, polar opposite of Florida...
http://nypost.com/2013/10/23/top-onl...ium=SocialFlow
Fucking dope fein snitches.
And he pleads not guilty. FUCKER
Bitcoin at $198.00 today. Lol
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