A Month Later, Silk Road Returns; Is Bitcoin during intercourse with Criminals?

A Month Later, Silk Road Returns; Is Bitcoin during intercourse with Criminals?

An average product sales page through the Silk that is original Road now reconstructed; the site sells illegal drugs, tools, and more.

Just one month after the FBI seized and shut down Silk path the web site understood as the Amazon.com of drugs, weapons and worse it is straight back. Yup, in the annals of criminal history, this one has to be up there in the chutzpah department; it’s like the capabilities behind the site are totally thumbing their collective noses at U.S. authorities that are federal.

Are Bitcoins and Silk Path Founders Aligned?

Also more shocking, new allegations tie Silk Road’s founder Ross William Ulbricht aka Dread Pirate Roberts until his FBI takedown final thirty days towards the still publicly unidentified initial creator of Bitcoins, the digital money solely used to fund illegal products and services on the old and now new site.

The allegations stumbled on light after two Israeli boffins one a cryptographer readied a soon-to-be-published paper that claims that the FBI seizure in fact just got their arms on approximately 22 percent of the $80 million in commissions Ulbricht’s web site had garnered from sales of an estimated $1.2 billion; sales on everything including assault weapons to illegal narcotics of any kind and even for hit men services for hire.

Dorit Ron and Adi Shamir will be the two researchers who have brought these allegations to light, adding they on the [Read more…]