Silk Road Hidden Website Accused of Selling Illegal Drugs Online

Oct 4, 2013 (Fri): Ross William Ulbricht, the operator of the “Silk Road Hidden Website” was charged by U.S. Government on running an online black-market bazaar where anonymous users paid Bitcoin digital currency for illegal drugs and phony identification documents, Bloomberg reported.

The operator was running the black-market bazaar since January 2011 and was seized in September 2013. The site was reported that has generated sales of about US$1.2 billion and about US$80 million in commissions for Silk Road.

Author: Terry KS

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