'Ridiculous!' Trump frees creator of darknet market Silk Road to thank Libertarian backers
2 months ago

'Ridiculous!' Trump frees creator of darknet market Silk Road to thank Libertarian backers

Raw Story  

President Donald Trump said Tuesday evening he has issued a full pardon to a man serving a life sentence for creating and running what prosecutors have called the "sprawling black-market bazaar" Silk Road. In September 2013, the site's home page displayed nearly 13,000 listings for controlled substances, listed under such categories as “Cannabis,” “Dissociatives,” “Ecstasy,” “Intoxicants,” “Opioids,” “Precursors,” “Prescription,” “Psychedelics,” and “Stimulants,” prosecutors said at the time. “Make no mistake: Ulbricht was a drug dealer and criminal profiteer who exploited people’s addictions and contributed to the deaths of at least six young people,” Preet Bharara, then-U.S. attorney for the Southern District of New York, said at the time. “Ulbricht went from hiding his cybercrime identity to becoming the face of cybercrime and as today’s sentence proves, no one is above the law.” But Ulbricht's incarceration at the United States Penitentiary in Tucson is about to end, Trump announced Tuesday on his social media platform Truth Social.

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History of this topic

Trump says new tariffs will cut U.S. drug deaths but fatal overdoses were already plummeting
1 month ago

Trump says new tariffs will cut U.S. drug deaths but fatal overdoses were already plummeting

NPR  

Trump says new tariffs will cut U.S. drug deaths but fatal overdoses were already plummeting toggle caption Andrew Harnik/Getty Images President Donald Trump confirmed Thursday that new 25 percent tariffs will go into effect March 4th against two of the U.S.'s largest trading partners. Writing on Truth Social, Trump once again cited street drugs "pouring into our country from Mexico …

Who is Ross Ulbricht, the online Silk Road drug kingpin with Princess Bride nickname Trump pardoned
1 month, 3 weeks ago

Who is Ross Ulbricht, the online Silk Road drug kingpin with Princess Bride nickname Trump pardoned

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump took a …

Can we expect the Silk Road founder’s pardon to make America great again?
1 month, 3 weeks ago

Can we expect the Silk Road founder’s pardon to make America great again?

Live Mint  

On 20 January 2025, former President Donald Trump surprised everyone by giving a full presidential pardon to Ross Ulbricht, the man behind Silk Road, a global digital platform on the ‘Dark Web’ for trading in drugs and other contraband. Between 2011, when Ulbricht started the portal, and 2013, when he was caught, Silk Road facilitated transactions amounting to 9.5 million …

Silk Road founder pardoned by Trump 11 years into double life sentences lauds president as ‘a man of his word’
2 months ago

Silk Road founder pardoned by Trump 11 years into double life sentences lauds president as ‘a man of his word’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The founder of Silk Road, a site on the dark …

Drug marketplace founder Ross Ulbricht speaks out after Trump pardon
2 months ago

Drug marketplace founder Ross Ulbricht speaks out after Trump pardon

Al Jazeera  

Silk Road founder thanks US president for ‘amazing blessing’ in video message after his release from prison. Ross Ulbricht, the dark-web marketplace founder pardoned by United States President Donald Trump, has spoken about his release from prison for the first time. Ulbricht, 40, was sentenced to two life sentences, plus 40 years, in 2015 for running Silk Road, an illicit …

Why did Donald Trump free Ross Ulbricht?
2 months ago

Why did Donald Trump free Ross Ulbricht?

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I will commute the sentence of Ross Ulbricht to a sentence of time served,” he said, referring …

Ross Ulbricht: Trump pardons imprisoned founder of Silk Road underground drug marketplace
Trending News
2 months ago

Ross Ulbricht: Trump pardons imprisoned founder of Silk Road underground drug marketplace

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump announced on Tuesday that he has pardoned Ross …

Inside story of how 'Dread Pirate Roberts' - the creator of notorious dark web site the Silk Road - 'lived a double life in BONDI' - before he was locked up in America for TWO life terms... and now Do
Trending News
2 months ago

Inside story of how 'Dread Pirate Roberts' - the creator of notorious dark web site the Silk Road - 'lived a double life in BONDI' - before he was locked up in America for TWO life terms... and now Do

Daily Mail  

President Donald Trump has granted an unconditional pardon to the creator of the notorious Silk Road website who partially developed it while living in Sydney more than ten years ago. In early 2015 Ulbricht was sentenced to two life terms in prison plus 40 years for drug trafficking, conspiracy to commit money laundering and computer hacking, operating under the pseudonym …

Donald Trump pardons notorious dark web Silk Road founder on Day 1
2 months ago

Donald Trump pardons notorious dark web Silk Road founder on Day 1

Hindustan Times  

On Tuesday, former President Donald Trump announced he had granted a pardon to Ross William Ulbricht, the founder of the infamous Silk Road dark web. Trump said Ulbricht’s life sentence is “ridiculous” and disproportionate to the crime, expressing his frustration with the legal figures involved in the case. Manhattan attorney during that time Preet Bharara said, “Make no mistake: Ulbricht …

Serving lifetime for online drug scheme, Trump pardons Silk Road founder Ross Ulbricht
2 months ago

Serving lifetime for online drug scheme, Trump pardons Silk Road founder Ross Ulbricht

Firstpost  

US President Donald Trump announced he had pardoned Ross Ulbricht, the founder of the darknet marketplace Silk Road. US President Donald Trump announced Tuesday that he had pardoned Ross Ulbricht, the founder of Silk Road, an underground website for selling drugs. Trump posted on Truth Social, his social media website, that he had spoken to Ulbricht’s mother on his first …

Trump Frees Silk Road Creator Ross Ulbricht After 11 Years in Prison
55 years, 2 months ago

Trump Frees Silk Road Creator Ross Ulbricht After 11 Years in Prison

Wired  

A little over 11 years and three months ago, Ross Ulbricht was arrested in the science fiction section of a public library in San Francisco, caught with his laptop still logged in to the Silk Road, the world’s first dark-web drug market that he created and ran under the pseudonym the Dread Pirate Roberts. Ridiculous!” For close to two and …

Trump pardons Ross Ulbricht, creator of notorious dark website Silk Road
Top News
2 months ago

Trump pardons Ross Ulbricht, creator of notorious dark website Silk Road

Daily Mail  

President Donald Trump has granted an unconditional pardon to the creator of the notorious dark web page Silk Road in honor of the 'Libertarian Movement,' while slamming the 'scum' who prosecuted him. On the campaign trail, Trump vowed to commute Ulbricht's sentence 'on day one' if he were re-elected, and garnered enormous support from the convicted criminal's loved ones and …

Trump pardons founder of Silk Road website
2 months ago

Trump pardons founder of Silk Road website

Associated Press  

▶ Follow live updates on President Donald Trump’s return to Washington WASHINGTON — President Donald Trump announced Tuesday that he had pardoned Ross Ulbricht, the founder of Silk Road, an underground website for selling drugs. “The scum that worked to convict him were some of the same lunatics who were involved in the modern day weaponization of government against me.” …

Trump pardons Ross Ulbricht, creator of dark web marketplace Silk Road
2 months ago

Trump pardons Ross Ulbricht, creator of dark web marketplace Silk Road

Al Jazeera  

Ulbricht was given two life sentences, plus 40 years for running the site, which allegedly facilitated $183m in drug sales. United States President Donald Trump has pardoned Ross Ulbricht, the imprisoned founder of the dark-web black market Silk Road. Trump said on Tuesday that he had called Ulbricht’s mother to inform her he had signed a “full and unconditional pardon” …

Silk Road Creator Ross Ulbricht Is Waiting for Trump to Keep His Word—and Set Him Free
55 years, 2 months ago

Silk Road Creator Ross Ulbricht Is Waiting for Trump to Keep His Word—and Set Him Free

Wired  

As Americans and the world grapple with how last week’s election will reshape the next four years and beyond, few have as much personally at stake from a new presidential administration as one 40-year-old man in a federal penitentiary in Tucson, Arizona. For Ross Ulbricht, creator of the legendary dark-web drug market known as Silk Road, who has been in …

Feds Seize $1 Billion in Stolen Silk Road Bitcoins
55 years, 2 months ago

Feds Seize $1 Billion in Stolen Silk Road Bitcoins

Wired  

More than seven years have passed since Ross Ulbricht was arrested in the science fiction section of a San Francisco library and charged with running the sprawling, dark web drug bazaar known as the Silk Road. Today the Justice Department finally revealed where a billion-dollar tranche of the Silk Road's treasure ended up: stolen by a mysterious hacker, and now …

Dropout calling himself Dread Pirate Roberts jailed for more than five years
5 years, 11 months ago

Dropout calling himself Dread Pirate Roberts jailed for more than five years

Daily Mail  

Thomas White, 24, was jailed for running the Silk Road site on the dark web A university dropout who was the 'guiding mind' behind a £73million online black market for illegal drugs has been jailed for five years and four months. Pictured: Computer equipment belonging to White - who was sentenced to five years and four months in prison Judge …

Silk Road Creator Ross Ulbricht Loses His Life Sentence Appeal
7 years, 9 months ago

Silk Road Creator Ross Ulbricht Loses His Life Sentence Appeal

Wired  

After more than five years, the saga of the Dread Pirate Roberts has ended, and the founder of the Silk Road has lost his last chance of escaping a lifetime in prison. On Wednesday, a Second Circuit appellate court rejected the appeal of Ross Ulbricht, who two years ago was sentenced to life in prison without parole for creating and …

Silk Road's Ross Ulbricht loses bid to void conviction, life sentence
7 years, 9 months ago

Silk Road's Ross Ulbricht loses bid to void conviction, life sentence

Raw Story  

A federal appeals court on Wednesday upheld the conviction and life sentence of Ross Ulbricht, the accused mastermind behind the Silk Road online black market for illegal drugs. Circuit Court of Appeals in New York rejected Ulbricht's claims that his trial judge deprived him of a fair trial, in part by preventing him from introducing evidence of "corrupt" activity by …

In Silk Road Appeal, Ross Ulbricht's Defense Focuses on Corrupt Feds
9 years, 2 months ago

In Silk Road Appeal, Ross Ulbricht's Defense Focuses on Corrupt Feds

Wired  

It's been nearly a year since a jury determined that Ross Ulbricht had created and run the anonymous black market for drugs known as the Silk Road, a conviction that resulted in a life sentence without parole. As the first significant step in Ulbricht's appeal, his defense on Tuesday filed a 145-page argument for a new trial, calling for a …

The Justice Department Is Cracking Down on Trolls Who Threatened Silk Road Judge
9 years, 9 months ago

The Justice Department Is Cracking Down on Trolls Who Threatened Silk Road Judge

Slate  

On dark web sites like the Silk Road black market and its discussion forums, anonymous visitors could write even the most extreme libertarian and anarchist statements without fear. The subpoena letter, obtained and published by blogger Ken White, lists trollish comments made by those six Reason readers that—whether seriously or in jest—call for violence against Katherine Forrest, the New York …

Silk Road founder gets life imprisonment for creating online drug site
9 years, 9 months ago

Silk Road founder gets life imprisonment for creating online drug site

Firstpost  

A San Francisco man who created the underground drug-selling website Silk Road was sentenced Friday to life in prison by a judge who cited six deaths from drugs bought on his site and five people he tried to have killed. “You are no better a person than any other drug dealer.” Ulbricht’s 2013 arrest shut down what prosecutors described as …

Silk Road founder Ross Ulbricht 'Dread Pirate Roberts' is sentenced to life in prison over 'dark web' marketplace
9 years, 9 months ago

Silk Road founder Ross Ulbricht 'Dread Pirate Roberts' is sentenced to life in prison over 'dark web' marketplace

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The creator of online …

Video: Silk Road Website Founder Ross Ulbricht Jailed for Life
9 years, 9 months ago

Video: Silk Road Website Founder Ross Ulbricht Jailed for Life

The Quint  

Ulbricht’s 2013 arrest shut down what prosecutors described as an unprecedented one-stop online shopping mall where the supply of drugs was virtually limitless, enabling nearly 4,000 drug dealers to expand their markets from the sidewalk to cyberspace, selling drugs on a never-before-seen scale to more than 100,000 buyers in markets stretching from Argentina to Australia, from the United States to …

Silk Road website creator gets life term for drug sales in landmark trial
9 years, 9 months ago

Silk Road website creator gets life term for drug sales in landmark trial

Hindustan Times  

The accused mastermind behind the Silk Road underground website was sentenced to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin. Silk Road operated for more than two years, allowing users to anonymously buy drugs and other illicit goods and generating over $214 million in sales …

Silk Road website founder jailed for life in New York
9 years, 9 months ago

Silk Road website founder jailed for life in New York

Al Jazeera  

Ross Ulbricht, 31, sentenced to life in jail by judge who cited six deaths from drugs bought on his ‘dark web’ site. The government said in court papers that Ulbricht left a blueprint that others have followed by establishing new “dark markets” in sophisticated spaces of the internet that are hard to trace, where an even broader range of illicit …

Silk Road founder gets life for creating online drug site
9 years, 9 months ago

Silk Road founder gets life for creating online drug site

Associated Press  

NEW YORK — A San Francisco man who created the underground drug-selling website Silk Road was sentenced Friday to life in prison by a judge who cited six deaths from drugs bought on his site and five people he tried to have killed. “You are no better a person than any other drug dealer.” Ulbricht’s 2013 arrest shut down what …

Silk Road Creator Ross Ulbricht Sentenced to Life in Prison
9 years, 9 months ago

Silk Road Creator Ross Ulbricht Sentenced to Life in Prison

Wired  

Ross Ulbricht conceived of his Silk Road black market as an online utopia beyond law enforcement's reach. On Friday Ulbricht was sentenced to life in prison without the possibility of parole for his role in creating and running Silk Road's billion-dollar, anonymous black market for drugs. In addition to his prison sentence, Ulbricht was also ordered to pay a massive …

The Untold Story of Silk Road, Part 2: The Fall
9 years, 10 months ago

The Untold Story of Silk Road, Part 2: The Fall

Wired  

An electronic wiretap on Ross’ email would require a court order—but at that point there wasn’t probable cause to search the account. “Realistically,” he said, “the only way for them to prove anything would be for them to watch you log in and do your work.” On the evening of September 28, the FBI’s surveillance team watched DPR log off …

The Untold Story of Silk Road, Part 1
9 years, 10 months ago

The Untold Story of Silk Road, Part 1

Wired  

“I imagine that someday I may have a story written about my life and it would be good to have a detailed account of it.”—home/frosty/documents/journal/2012/q1/january/week1 The postman only rang once. When he tried to comfort his pups, a dozen guns took aim: “Keep your hands where we can see them!” Officers cuffed Green on the floor while fending off Max, …

The Dark, Twisted Tale of How a DEA Agent Became a Paid Mole for Silk Road
9 years, 11 months ago

The Dark, Twisted Tale of How a DEA Agent Became a Paid Mole for Silk Road

Slate  

This post originally appeared on WIRED. Force, a 46-year-old member of Baltimore’s Silk Road task force, began working in 2012 as an undercover agent on the case, communicating directly with Ulbricht, who was allegedly using the pseudonym the Dread Pirate Roberts. In that role, Force even served as a fictitious criminal named “Nob” who helped arrange a murder of Silk …

Silk Road Mastermind Ross Ulbricht Convicted of All 7 Charges
10 years, 1 month ago

Silk Road Mastermind Ross Ulbricht Convicted of All 7 Charges

Wired  

"The real Dread Pirate Roberts is out there," Ulbricht's lead attorney Joshua Dratel told the jury in opening statements. Dratel's protests began with pre-trial motions to preclude a large portion of the prosecution's evidence based on what he described as an illegal, warrantless hack of the Silk Road's Icelandic server by FBI investigators seeking to locate the computer despite its …

US authorities shut down Silk Road 2.0 website, owner arrested
10 years, 4 months ago

US authorities shut down Silk Road 2.0 website, owner arrested

Firstpost  

US authorities said on Thursday they have shut down the successor website to Silk Road, an underground online drug marketplace, and arrested its alleged operator. US authorities said on Thursday they have shut down the successor website to Silk Road, an underground online drug marketplace, and charged its alleged operator with conspiracy to commit drug trafficking, computer hacking, money laundering …

Inside the 'DarkMarket' Prototype, a Silk Road the FBI Can Never Seize
10 years, 11 months ago

Inside the 'DarkMarket' Prototype, a Silk Road the FBI Can Never Seize

Wired  

The Silk Road, for all its clever uses of security protections like Tor and Bitcoin to protect the site's lucrative drug trade, still offered its enemies a single point of failure. If one group of Bitcoin black market enthusiasts has their way, the next online free-trade zone could be a much more elusive target. "What doesn't kill you makes you …

How the Feds Took Down the Silk Road Drug Wonderland
11 years, 4 months ago

How the Feds Took Down the Silk Road Drug Wonderland

Wired  

The dramatic takedown of the Silk Road drug market and the arrest of its alleged owner on drug trafficking and murder-for-hire charges last month began in part with an offhand tip to Department of Homeland Security investigators in Maryland in mid-2011. You might want to look at this," the informant told DHS investigators, according to federal law enforcement officials familiar …

Man pleads guilty to playing key role in Silk Road
11 years, 4 months ago

Man pleads guilty to playing key role in Silk Road

Firstpost  

A Utah man pleaded guilty to a drug conspiracy charge Thursday for his role in an online black market known as the Silk Road… A Utah man pleaded guilty to a drug conspiracy charge Thursday for his role in an online black market known as the Silk Road that authorities say processed more than $1 billion worth of illicit business. …

Feds have wrong man in Silk Road case says lawyer
11 years, 4 months ago

Feds have wrong man in Silk Road case says lawyer

Firstpost  

A San Francisco man isn’t the “Dread Pirate Roberts” who prosecutors say was the mastermind behind a secret website that brokered… A San Francisco man isn’t the “Dread Pirate Roberts” who prosecutors say was the mastermind behind a secret website that brokered more than $1 billion in transactions for illegal drugs and services, a defense attorney said Wednesday. Ross William …

Alleged 'Dread Pirate Roberts' Heads to New York in Silk Road Case
11 years, 5 months ago

Alleged 'Dread Pirate Roberts' Heads to New York in Silk Road Case

Wired  

SAN FRANCISCO–The 29-year-old man accused of masterminding the notorious Silk Road drug forum will soon be on his way to New York. His lawyer, public defender Brandon LeBlanc, told the judge that Ulbricht was waiving his right to an "identity hearing" -- conceding that he is the Ross Ulbricht named in the indictment, but not that he is "Dread Pirate …

New National Crime Agency investigates UK suspects over illegal drugs website Silk Road
11 years, 5 months ago

New National Crime Agency investigates UK suspects over illegal drugs website Silk Road

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The new National Crime Agency …

Grieving Perth father wants life in jail for Silk Road founder Ross Ulbricht
11 years, 5 months ago

Grieving Perth father wants life in jail for Silk Road founder Ross Ulbricht

ABC  

The father of a boy who died after taking drugs purchased on the Silk Road website says the site's founder is culpable in his son's death and should spend the rest of his life in jail. The FBI arrested the proprietor of the notorious online bazaar last week and experts have told the ABC's 7.30 that the Silk Road's Australian …

FBI's Bitcoin haul from Silk Road puts it in the line of troll fire – Firstpost
11 years, 5 months ago

FBI's Bitcoin haul from Silk Road puts it in the line of troll fire – Firstpost

Firstpost  

Online black market Silk Road was shut down by the FBI and the alleged owner Ross William Ulbricht arrested. Along with the shut-down, about 26,000 Bitcoins Online black market Silk Road was shut down by the FBI and the alleged owner Ross William Ulbricht arrested. According to an FBI Spokesperson, the Bureau seized about 26,000 Bitcoins from Silk Road accounts. …

The end of the Silk Road: The problem with a life online
11 years, 5 months ago

The end of the Silk Road: The problem with a life online

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. According to an indictment filed in a US …

Attorney denies Ross Ulbricht ran Silk Road
11 years, 5 months ago

Attorney denies Ross Ulbricht ran Silk Road

Firstpost  

An attorney for a San Francisco man has denied charges that his client operated an encrypted website where users could anonymously shop… An attorney for a San Francisco man has denied charges that his client operated an encrypted website where users could anonymously shop for drugs such as heroin and LSD. Ulbritch did not run the website, lawyer says A …

End of Silk Road: Dealers despair as FBI celebrates sting that caught the world’s biggest online drug dealer
11 years, 5 months ago

End of Silk Road: Dealers despair as FBI celebrates sting that caught the world’s biggest online drug dealer

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I know he never meant to hurt anyone.” …

How Silk Road and its founder Ross Ulbricht were busted by FBI
11 years, 5 months ago

How Silk Road and its founder Ross Ulbricht were busted by FBI

Firstpost  

Silk Road’s alleged creator, 29-year-old Ross William Ulbricht, was arrested in San Francisco by FBI agents on Tuesday after investigators apparently linked his personal email address to the website, which has been shut down. “Silk Road has emerged as the most sophisticated and extensive criminal marketplace on the Internet today,” FBI agent Christopher Tarbell said in the criminal complaint. CAUGHT …

How Silk Road and its founder Ross Ulbricht were busted by FBI
11 years, 5 months ago

How Silk Road and its founder Ross Ulbricht were busted by FBI

Firstpost  

Silk Road’s alleged creator, 29-year-old Ross William Ulbricht, was arrested in San Francisco by FBI agents on Tuesday after investigators apparently linked his personal email address to the website, which has been shut down. “Silk Road has emerged as the most sophisticated and extensive criminal marketplace on the Internet today,” FBI agent Christopher Tarbell said in the criminal complaint. CAUGHT …

Underground online drug market Silk Road shut by FBI, alleged owner arrested
11 years, 5 months ago

Underground online drug market Silk Road shut by FBI, alleged owner arrested

Firstpost  

US law enforcement authorities have shut down Silk Road, the underground marketplace where one could purchase drugs with Bitcoins… US law enforcement authorities have managed to shut down Silk Road, an underground marketplace where one could allegedly purchase drugs with Bitcoins. The Federal Bureau of Investigation announced on Wednesday that it had arrested the owner of Silk Road, Ross William …

Bitcoin crashes after FBI shuts down underground site Silk Road
11 years, 5 months ago

Bitcoin crashes after FBI shuts down underground site Silk Road

Firstpost  

The price of the bitcoin digital currency dropped on Wednesday, after US law enforcement authorities shut down Silk Road, an online marketplace used to buy and sell illegal drugs. The digital currency’s drop came after the FBI arrested alleged Silk Road owner Ross William Ulbricht, 29, known as “Dread Pirate Roberts,” on Tuesday in San Francisco. Silk Road allowed tech-savvy …

Bitcoin crashes after FBI shuts down underground site Silk Road
11 years, 5 months ago

Bitcoin crashes after FBI shuts down underground site Silk Road

Firstpost  

The price of the bitcoin digital currency dropped on Wednesday, after US law enforcement authorities shut down Silk Road, an online marketplace used to buy and sell illegal drugs. The digital currency’s drop came after the FBI arrested alleged Silk Road owner Ross William Ulbricht, 29, known as “Dread Pirate Roberts,” on Tuesday in San Francisco. Silk Road allowed tech-savvy …

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