Silk Road drug busts: 8 more arrested

Last week, the FBI took down the Silk Road website and froze the over 26,000 Bitcoins that were being held for customers as they made their transactions, as noted by the Guardian. The FBI put these Bitcoins into a separate holding address blockchain.info.

After seizing the digital black market Silk Road and arresting its alleged owner, the police are now going after the users of the site. Police have arrested a man in Washington alleged to be one of the top 1 percent of drug sellers as well as four

Ross Ulbricht, the alleged founder of underground marketplace Silk Road, denied his charges in a San Francisco federal court yesterday, via his lawyer. Ulbricht's public defender, Brandon

Ross Ulbricht, the alleged founder of underground marketplace Silk Road, denied his charges in a San Francisco federal court yesterday, via his lawyer. Ulbricht's public defender, Brandon

It appears the Federal Bureau of Investigation has finally cracked down on Silk Road, the underground marketplace where users could buy cocaine, heroin, meth, and more using the virtual currency

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